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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
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jvix
:
Guess I'll be holding $
ARR
a little longer
Feb 13, 9:14 PM
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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
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mrmedusa
:
From a total return perspective, they are now competing with the local bank.
Feb 14, 6:16 AM
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joe kelly
:
ARR has a habit of diluting. It's why I never hold it long. Screw the dividend.
Feb 14, 11:04 AM
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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
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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
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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
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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
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