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twister1

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twister1

Re: hobowilly post# 1245

Monday, 08/16/2021 3:02:56 PM

Monday, August 16, 2021 3:02:56 PM

Post# of 1842
Shelf offerings give the company the flexibility to get the paperwork out of the way now and then offer the shares only when it needs the cash or only when the market conditions are good. Shelf offerings can dilute existing shares considerably if the offering comes from the company because new shares are being created.

Shareholders never like dilution..BUT...
If done at good time market price wise and $ used for positive company reason, it's not awful at all.(ie. High%Debt paid or equipment purchase or a m/a) ???
Cheers

We'll see 9-10 bucks when btc hits 50k
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