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Twinsoul

06/04/19 11:57 AM

#136 RE: YanksGhost #135

I see this development not as a negative. On the contrary.
Only 1M dilution to repay debt. That is 3.8% of the current o/s (fully diluted). The other shares that are being offered are a conversion of already outstanding shares.
Pace acquisition adds 5M to bottom line, or at least +12.5%, when compared to current EBITDA.
The acquisition has a slight impact on 2019 costs and thus LE, therefore the 5 cents lower EPS expectation 2019.
A crucial strategic move for IIIV. Shareprice will recover nicely once investors see the value of this strategic move ;-)
PS: it is already ticking up again.

I added @ 22.83