Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #19673 on AMC Entertainment Holdings Inc (AMC)
Swimmingly
03/24/21 1:07 PM
#19693 RE: Nebuchadnezzar #19673
WALL STREET KID
03/24/21 4:12 PM
#19795 RE: Nebuchadnezzar #19673
Message in reply to: if we hear that the vote to raise AS another 500M shares is a resounding NO, then AMC "can squeeze" if the board were to come out with an amended proxy of only 200M in AS, it would have much better chance of passing and not diluting as badly. AMC just raised $2.2 billion in cash over the past 6 month and paid $600 in debt. THERE IS NO REASON for 500M increase in AS, even if they dont dilute 1 share.