Loading ...Mr. McEwen would serve his shareholders well to come out and make some statement defending his stock. Especially considering he’s done nothing but destroy the value for the last several years. He still owns 22%.
The headline about the offering was vague – 15% on 352 million shares is a huge dent to a $1.25 stock.
He owes shareholders a serious explanation about how he intends to boost value by doing that.