Amazing how no one comments on this?
In one move, this company has funded itself to be able to see if it can now evolve into a real mining company.
I think it was pretty slick. Dilutive, of course, it was obvious that was going to happen. But, there is plenty of upside, if?, they can turn that corner. Next 18 months will be pretty interesting.
It is very simple, forget the so-called analysts, if you believe that rates will be rising, albeit slowly, this bank contains enormous leverage for upside earnings and dividend increases. All this other junk, settlements so forth, of 50-100 (even 300) are meaningless. Multi trillion dollar asset financial institutions will have 5-200 million litigation lawsuits for the rest of time. So what.