Of course, we've seen
huge share dilution since, but my valuation approach (which focused primarily on Barryroe) would still suggest attractive upside potential from here.
Not exact matches
The problem is the colossal
dilution — with the
huge increase in
Shares Outstanding, I can't come up with a much better valuation per
share.
I'll have no chance to sell down the
shares in the pre-placing call - around period (so much for insider trading / Chinese wall rules), I won't get to buy
shares at a
huge discount — but I do get to enjoy the
dilution...