Pondside47 Posted May 4, 2018 Share Posted May 4, 2018 I was reading Dane Capital's 2018 Q1 letter last night and it talked about the botched follow-on offering at Daseke. I have a position in RIB software, which I believe recently went through a similar experience. Could someone explain to me, or point me to some reading material, the mechanism of how this works? What situation would result in a botched follow-on offering, and what can a company do to prevent it from happening? What are the mechanisms that drive the share price dive after such an offering? Link to comment Share on other sites More sharing options...
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