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Hanwha SolarOne Co., Ltd. Message Board

  • unemon1 unemon1 Nov 3, 2013 12:00 AM Flag

    Here the Sell-off Comes .... ! ! ??

    We may offer and sell ordinary shares, including ordinary shares represented by American depositary shares, or ADSs, preferred shares, debt securities or warrants in any combination from time to time in one or more offerings, at prices and on terms described in one or more supplements to this prospectus. The securities offered by this prospectus will have an aggregate offering price of up to US$200,000,000 million. The preferred shares, debt securities and warrants may be convertible into or exercisable or exchangeable for our ordinary shares or other securities.

    Well ..way better than dilute at price sub $1 ... but .. hey ... it's still dilution! If the new shares will be issued / conversion price of 3.75 (20% discount) ... current shareholders will be diluted by approx. 40%

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