Sergio,
Thanks for that information on Equus, it helps me understand the landscape. Can you explain how a secondary will help us without diluting our shares? I hate to act dumb but there is a lot to understand. Events play for and against each other in this picture, making it hard to clearly see what will happen. You seem to understand the total picture, I'm hoping I will understand it better myself.
If there's a secondary of, for instance, 10 million shares, that would have a diluting effect on our shares, am I correct? We could find ourselves holding shares that have a true value of 1/2 what we have at this time. I realize, in order for institutions to get in, we need more shares for them to buy, but how it happens is the question I can't seem to get past. If this makes the price go up it's good but if more outstanding shares are perceived as diluting, it could have the opposite affect and cause the price to seek it's own level.
There's got to be something I'm missing here because I don't see how this will help unless the value is enhanced to existing shareholders, first. To me, ATP selling more shares is like the federal govt. printing more money, it's inflationary. They would receive value but we might not.
The fact that ATP would hold cash assets that are supposedly ours could enhance our value?....am I starting to answer my own question?
I respect your opinion and the amount of research you do constantly so I hope I'm not too thick to understand your answer. TIA, JR |
