So all 2ndaries are futile and you can't turnaround after a wrong strategy, like the biofuel disaster? Powerful logic .. a slightly bit overdone for my taste.
Sure the ownership gets diluted, but not much more than before with dilutive debt (anti-dilutive clause).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.