Quote:
Originally Posted by MTG#10
AMC diluted and ****ed its shareholders yet again, starting to tank. That CEO is a slimeball.
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Are they really ****ing their long term shareholders by doing a capital raise at artificially high valuations?
I don't understand.
Have you taken a corporate finance class? When the cost of issuing equity is cheap and the cost of debt is expensive, you absolutely issue equity, buy back debt, and delever your enterprise.
The retail community is giving the company a gift.