Tuesday, September 10, 2013
What’s that old expression, “strike while the iron is hot”?
Well, that certainly applies to Textura’s “selling shareholders”, who, if/when Textura’s (NYSE: TXTR) secondary offering closes, will receive close to $120 million bucks!
Keep in mind….. that Textura first went public only 3 months ago and that Textura’s annual sales revenues are currently less than $50 million … and that Textura hasn’t yet achieved profitability.
Posted by Joel Salus at 9:22 PM