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RestingSnitchFace

04/06/21 7:45 PM

#13272 RE: Zman20 #13271

Yup. I had a short panic when I saw it at first. But I think that they have this well thought out. The funds raised are going to be used to grow this business further. And like I said....I bet they have a solid PR or two ready to offset this. Can't raise the money if the PPS falls below the offering price.
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crabclamjohn

04/06/21 8:35 PM

#13281 RE: Zman20 #13271

Yes accretive acquisitions would be great news! IMHO glta
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mikeo56

04/07/21 10:23 AM

#13340 RE: Zman20 #13271

ZMAN20 Thank you

My stance has changed and I'm beginning to hope that they complete the offering so that they have the money for more acquisitions. So it looks like investors are still winning. And yeah, dropping this offering means that it won't affect share price of a run. The stock is oversold.

Offerings to raise money for acquisitions is good, every major company does it. What we don't want is offering to settle debt and they're not doing that and have no debt.