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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (30410)3/26/2008 10:00:58 AM
From: Spekulatius  Read Replies (2) of 78632
 
MCGC, ARCC -
ARCC is going to the well also and issuing new shares quite a big below book. You were right, complaining about ALD's offering (at a 10% premium to book) is not sensible any more given that the competitions issues new shares below book.
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