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  • Albert Alfonso
    Shame on $ARR for doing a secondary while shares are trading under book value. What a way to destroy shareholder wealth.
    Feb 13, 4:35 PM
    Reply (8)
    • jvix: Guess I'll be holding $ARR a little longer
      Feb 13, 9:14 PM
    • pumaprowler: That's not being nice, we hold the shares and not will take this dilution easy, FCUK U $ARR
      Feb 14, 4:39 AM
    • mrmedusa: From a total return perspective, they are now competing with the local bank.
      Feb 14, 6:16 AM
    • joe kelly: ARR has a habit of diluting. It's why I never hold it long. Screw the dividend.
      Feb 14, 11:04 AM
    • mrmedusa: Yeah, that keeps shrinking, too. Soon as break even hits, I move on to something with a better return than money under my my mattress.
      Feb 14, 12:23 PM
    • Vampyroteuthis infernalis: The Company estimates that its current book value (shareholders' equity) is $6.70 to $6.76 per diluted common share.
      Feb 14, 2:43 PM
    • jrbuettner: I agree with Alfonso, this is over dilution. They better make good use with this new capital and increase their BV asap
      Feb 14, 6:07 PM
    • jrbuettner: seems to me they are hitting below the belt with this quick offering, I haven't heard much warning.
      Feb 14, 6:08 PM