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Re: benfrankledger post# 26

Friday, 11/24/2017 12:15:01 PM

Friday, November 24, 2017 12:15:01 PM

Post# of 39
That's very true. When you made the comment about Navios possibly refinancing its debt through an equity offering, I immediately thought about the cost of capital. However, what I neglected to think about is that one is robbing Peter to pay Paul in that scenario. It would be much better if they were to issue equity that would allow them to invest in their business and therefore increase revenue and hopefully earnings.