If LINE makes a secondary public offering this coming week...I believe the share price will drop to the $35 level. Do you guys think they could announce a SPO this week?
I personally doubt it, we are not very far away from a Dividend announcement...but I may be wrong.
Sentiment: Strong Buy
i'm assuming they could do the SPO for LNCO which is at a significantly higher price.... sparing LINE's unit price.
I guess time will tell if LINE and LNCO will make a SPO. Meanwhile, I'm keeping my fingers crossed. I highly doubt they will, I hope I'm not wrong.
i would also add, LNCO made a somewhat extreme spike up late in the day friday, which made me think a possible SPO is coming monday.