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Well said, Alphameister. Ideally, the Company will use newly raised $$$ to buy another gas station or two, in addition to adding to storage/refining facilities. This offering is likely being taken advantage of by several funds, as previously only about 10% of outstanding shares were in public hands (data.cnbc.com/quotes/C...) and buying 10K+ shares likely meant buying at 5+ substantially different prices.
Nov 02 08:56 am
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All Comments by Danny Furman »CBEH Gets a Much Needed Liquidity Boost [View article]
Ultimately, it is the latter definition you gave for "liquidity" that makes the stock appealing, and once the 5M shares are sold CBEH should perform extremely well.