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Gamestop holders - if they raised capital or paid down debt would you be upset
Posted on 2/1/21 at 8:21 am
Posted on 2/1/21 at 8:21 am
For my two shares if they fix their balance sheet go ahead
Posted on 2/1/21 at 8:21 am to thelawnwranglers
I am still kinda baffled they have not done it already
Posted on 2/1/21 at 8:23 am to UltimaParadox
Cramer said they could buy Zynga but Zynga wouldn't want their stock
Would love to see this turn them around but feel bad by those they will get burned
Would love to see this turn them around but feel bad by those they will get burned
Posted on 2/1/21 at 8:25 am to thelawnwranglers
At the least, their increased stock price has likely let them renegotiate their debt to slash interest, which helps them pay down debt easier right there.
Posted on 2/1/21 at 8:35 am to thelawnwranglers
quote:
Gamestop holders - if they raised capital or paid down debt would you be upset
Well, what they could do is offer a low number of shares, and try to set the market. Return 90% of the raised capital to shareholders in the form of a dividend.
Lets be honest here, GME really doesn't have a business other than its stock.
This post was edited on 2/1/21 at 8:36 am
Posted on 2/1/21 at 9:04 am to thelawnwranglers
I wish they'd do a capital raise. Best thing for shareholders honestly
Posted on 6/22/21 at 11:02 am to oklahogjr
Completed 5MM share sale, raised $1B, and so of course following that dilution the price pops
Posted on 6/22/21 at 2:39 pm to Chucktown_Badger
This is the one angle where the meme’ers could actually change things. If they take a failing company, drive the price up, and then don’t get discouraged when the company issues capital at higher prices, they could contribute to a much stronger company going forward. It is frankly quite the sight to see that GME has more or less absorbed this equity raise without much of an issue. Months ago, a billion dollar raise would have been 67% or more dilutive.
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