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Alias Born | 11/10/2007 |
Wednesday, April 24, 2013 2:32:52 PM
If NAVB had asked JPM for a premium price of 2.79 and JM had refused, that would have made a good PR. If JPM had paid 2.79 THAT WOULD HAVE BEEN THE RIGHT MOVE AND ONLY ACCEPTABLE PLAY HERE! What the heck is the company doing and thinking?!
The fact that the company sold a huge chunk of stock for current market price (WHICH IS A THREE TIME TESTED LOW) does not impress me one bit.
To increase shareholder value, the offering price should have been at least 2.68 or 2.73 for that many shares.
If these new 2 million shares are used for shorting, the company is shooting themselves and us in the foot - and that's sure how it seems.
Thoughts? The Oldtimers do not seem concerned about this offering.
Recent NAVB News
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/06/2024 12:53:24 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/01/2024 05:15:20 AM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 01/26/2024 10:28:57 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 01/26/2024 10:27:52 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 01/26/2024 10:26:41 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 01/26/2024 10:26:16 PM
- Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 01/16/2024 06:53:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/20/2023 11:43:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/20/2023 11:10:13 PM
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