InvestorsHub Logo
Followers 10
Posts 1456
Boards Moderated 0
Alias Born 08/02/2010

Re: RealDutch post# 27731

Saturday, 01/26/2013 12:46:41 PM

Saturday, January 26, 2013 12:46:41 PM

Post# of 163719

I can do the math but it won't be helpful. Let me get to the conclusion first. The issuances in 2012 at $0.65 are accretive and needed for growth.



I agree with your whole post, except the statement above.

The company did have to meet cash obligations for planned growth and did so. If the argument is that the cash component of CapEx is inextricably wound up with the non-cash or otherwise JV committed capital, that's interesting. And it's also justified, from my perspective, but only for the very infancy of the company, when there may have been no choice.

Now, there is a choice, after better alternatives, the last resort being slower growth in lieu of dramatic eps dilution and shareholder killing overhead.

Letting the shares breathe, as you say -- especially coincident with the FN listing, is one possibility.
Join InvestorsHub

Join the InvestorsHub Community

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.