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Re: raise $1m at the expense of a loss of market value of around $10m

By: DigSpace in ALEA | Recommend this post (0)
Wed, 13 Mar 13 8:00 PM | 88 view(s)
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Msg. 12850 of 54959
(This msg. is a reply to 12849 by Cactus Flower)

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a number of voices go into the running of a publicly listed corporation, with WAVX the current shareholders are not among the voices. The shareholders effectively said so a year ago.


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The above is a reply to the following message:
raise $1m at the expense of a loss of market value of around $10m
By: Cactus Flower
in ALEA
Wed, 13 Mar 13 7:31 PM
Msg. 12849 of 54959

the $1m raised (probably for those performance bonuses) cost shareholders around $10m in lost market value.

cool.


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