Or to wipe out current common shareholders...usual
Post# of 9964
Posted On: 04/23/2015 11:53:48 AM
Re: Chewbacca333 #9016
Or to wipe out current common shareholders...usually that's the primary reason...just sayin'
Quote:
The only reason a company would chose to initiate an RS is to elevate the stock price in order to qualify for a higher exchange, or to attract institutional investor that will not invest in companies not meeting certain minimum stock price requirements.
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