The constant dilution of so many companies shares drives me crazy. I get the compensation aspect but the common share holder gets the short end of the stick on these massive options and warrants packages. If they want big bonuses run the business painfully efficient and collect higher salaries from the proceeds. Great article, the buy backs sound great in theory until you put the actual numbers out there!
i cannot believe you wrote this ridiculously STUPID article on the BEST PERFORMING Canadian E&P over the past year and possibly longer. From the covid lows ATH is up literally 50X or more!!!
YOU SHOULD NOT BE PROVIDING ANY INVESTING "TIPS" TO ANYONE OLD MAN. PLEASE STOP EMBRASSING YOURSELF
Athabasca went public at $18 a share and after 14 years of management by the team that impresses you so much the stock is just over $5 today. Don't be embarassed, your lack of understanding is typical of retail investors.
Didn't ATH do a debt deal in throes of the 2020/21 period that included a bunch of warrants (in which case, the share buy backs may be, at least in part, soaking up some of the equity being issued under those warrants)? Or is all stock-based compensation that is being absorbed?
The constant dilution of so many companies shares drives me crazy. I get the compensation aspect but the common share holder gets the short end of the stick on these massive options and warrants packages. If they want big bonuses run the business painfully efficient and collect higher salaries from the proceeds. Great article, the buy backs sound great in theory until you put the actual numbers out there!
read these two for input:
1) shares outstanding - look at the 5 yr chart: https://ycharts.com/companies/ATH.TO/shares_outstanding
2) Oct 2021 convertible debt financing: https://www.atha.com/uploads/Athabasca_Closes_US350_million_Senior_Secured_Notes_Refinancing_10-25-2021.pdf
i cannot believe you wrote this ridiculously STUPID article on the BEST PERFORMING Canadian E&P over the past year and possibly longer. From the covid lows ATH is up literally 50X or more!!!
YOU SHOULD NOT BE PROVIDING ANY INVESTING "TIPS" TO ANYONE OLD MAN. PLEASE STOP EMBRASSING YOURSELF
Athabasca went public at $18 a share and after 14 years of management by the team that impresses you so much the stock is just over $5 today. Don't be embarassed, your lack of understanding is typical of retail investors.
Didn't ATH do a debt deal in throes of the 2020/21 period that included a bunch of warrants (in which case, the share buy backs may be, at least in part, soaking up some of the equity being issued under those warrants)? Or is all stock-based compensation that is being absorbed?
Both warrants and SBC. A bit of equity churn.