WOW! Have to make a lot more money on those new purchases to pay all the extra bucks for dividends. Hope it won't bring down the payout. Is the price of offering shares more than the 31.66 book value?
You re a moron...
So much for stock buy back plan!
If offer price greater than BV, (and I'm sure it will be) it's actually accretion, not dilution. Don't panic, just take advantage of buying opportunity if you want to add to your position.
When do they tell you the offer price?
Any opinions about how much lower this will drive share price?
I"m going to try buy at the lowest price I can tomorrow and load up the boat.
Sentiment: Strong Buy
Down 3% after hours, just about where t should be.