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S&W Seed Company Message Board

  • aloha595 aloha595 Jan 11, 2013 11:41 AM Flag

    Why do they sell our stock at a discount..?

    in a world of 1to 2percent interest why do they offer new shares at an 8 percent discount? If they need capital use the land they own to loan against at these low rates. Is the board telling us they can't make 3 pr 4 percent real return so they need to sell stock? remember this at the next share holder voting especially any stock incentives these people ask for. Are they Driving the price down to then ask for stock. I won't give them my vote.

    Sentiment: Hold

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    • It isn't as bad as all that Aloha. The stock was pushed higher just prior to the pricing of the offering. As a shareholder myself, I have no problem at all with 7.50 as I sincerely think that the pricing works well or is at an equitable level that benefits all parties involved.

      Factoring in the targeted usage of the proceeds from the prior 2 raises of capital (IV acreage/IVS acquisition) I have high confidence that the approx 10M will also be deployed in a manor designed to add even greater shareholder value in the form of that which is tangible.

      The company has added unquestionably deep the payrolls to spearhead continued torrid growth and now they have added the additional working capital needed to fuel the master growth plan.

      I'm good with it and will definitely add shares to my position if I get my price!


4.98-0.01(-0.20%)Sep 29 4:00 PMEDT