Perhaps this is question we should be asking? I also find it interesting that they chose to release this information right before the bell. They must feel it's good news or else why not just what until after the bell today?
I think we are missing something here? There is a reason they are increasing ownership. Any ideas?
Also, WHO is the purchaser of the 8% stock dilution? Interesting question. They obviously see 1.05 PPS as a bargain for their capital, and stability in their investment with PEIX. Perhaps they had a peak at Q4 numbers and future projections. This is, after all, how companies raise additional capital...future performance expectations.