cnkj
OP
NoobGirl
:
What matters is future guidance; earning reports are usually priced in. Offerings are a way to raise capital for growth without going into debt. I sure hope they make it up to us equity holders for riding through this dilution. There are rumours about a 2nd shredder coming in and record steel volumes projections.
NoobGirl
:
I like the optimistic for future lookout, but not very confident with the management, who knows suddenly they gonna again dilute the price by issuing new shares.. then our assets keep shrinking without us knowing we are being scam... see the chart for 1 year seems like keep dropping whole year (as if no reason to raise the stock price) they always have excuse and us retail investor are being squeeze...
cnkj
OP
:
Yes I’m with you on this. They didn’t bother to preempt equity holders on the offerings, only an announcement which naturally caused the shares to plunge. Hence, GWAV is only good for short/mid term and nothing more. For now, it’s safe to bet on the price above 0.1 to prevent it from delisting and atop this penny stock frenzy. thread carefully!
NoobGirl : liability more than assets , revenue decrease compare to last quarter.. seems like not very good
cnkj OP NoobGirl : What matters is future guidance; earning reports are usually priced in. Offerings are a way to raise capital for growth without going into debt. I sure hope they make it up to us equity holders for riding through this dilution. There are rumours about a 2nd shredder coming in and record steel volumes projections.
NoobGirl : I like the optimistic for future lookout, but not very confident with the management, who knows suddenly they gonna again dilute the price by issuing new shares.. then our assets keep shrinking without us knowing we are being scam... see the chart for 1 year seems like keep dropping whole year (as if no reason to raise the stock price) they always have excuse and us retail investor are being squeeze...
cnkj OP : Yes I’m with you on this. They didn’t bother to preempt equity holders on the offerings, only an announcement which naturally caused the shares to plunge. Hence, GWAV is only good for short/mid term and nothing more. For now, it’s safe to bet on the price above 0.1 to prevent it from delisting and atop this penny stock frenzy. thread carefully!