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Replies to #83336 on PCT Ltd (PCTL)
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Egold

04/11/20 2:04 PM

#83341 RE: dbuss90 #83336

I agree, if they were we would of seen it this past week. Financials are going look much better going foward. I wouldn't be surprised if they reduced the AS before the EOY.
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skitahoe

04/11/20 2:18 PM

#83344 RE: dbuss90 #83336

You may be right, but it's also possible that a multi-million dollar expansion of their manufacturing capability may be warranted, and the money they're bringing in may not support that kind of growth. Some of America's biggest companies often routinely sell stock to grow even bigger, and investors are well rewarded by the growth of the corporation.

I don't fight dilution when I believe it's for the right reasons. Sometimes that reason may be to stay in business, as they're not earning money. In other cases it's to grow. I believe this company is at the point where they no longer need to dilute to stay in business, but they may be at the point where they'll need it to grow. The good news is if they do, they'll be getting far more money for each share they need to issue.

Gary
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Cherry

04/11/20 2:58 PM

#83348 RE: dbuss90 #83336

I agree 48 million Dollars a year just in fluids