Monday, December 07, 2020 2:23:54 PM
Can you send me the link with the dilution that happened in Q2 and Q3? I would really like to see the link.
I mean, PEIX's share price would have tanked in Q2 and Q3 if they really were diluting their shareholders during this period.
But instead, PEIX's Share price skyrocketed over 1,000% instead.
Let's look at the facts:
PEIX's Earnings Per Share was 27 Cents/Share at Q2 (Fully Diluted)
According to you, they issues some shares and diluted the shareholders sometime in Q3 in order to pay down debt.
Then, PEIX posted EPS of 24 Cents/Share in Q3 (Fully Diluted)
I wonder what PEIX is doing with all of that CASH from the EARNINGS they are making if they are not paying down debt with it?
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