What is to keep them from buying shares back? Same thing nothing. Adding to the share structure hurts inside shareholders as well. Do not think they are looking for that here...
Ok geez I was just about out the door and have to address this post. The only reason they would consider a dilution is if they needed cash flow. Seems to me that Aero does not have a problem in that department. If you can afford 17m in advertising on the NASCAR circuit(not including the huge expense in maintaining a driver/car/crew) then you have very deep pockets. Have you noticed who has a car/full sponsership on NASCAR? THE BIGGEST COPRORATE NAMES IN AMERICA! These guys are obviously bigger than many realize here( no offense to the investors that do not realize the gold mine that lays ahead!) and will continue to increase they're position in this lucrative field!
There will be no dilution, because they do not need the cash! I am sure they loaded the boat before this all began so they will(and we will to!) have alot more cash money when the storm rolls in.....
All good points. A lot of diluting around penny land lately at the expense of shareholders. Dumping into PRs has become commonplace with GHTI and IBCX, hopefully that isn't happening here, but this is a pinky.