"Read the sentence again, and again if needed. I'm sure you'll get it eventually."
Lets read it again then together,
"IMO, is unfortunately the underlying factor behind the consolidation. Increase the SP by ten fold and probably offer the CR to "sophisticated investors" I.e mates rates @ 60,70 or even 80% of the new SP.
Only needing to read it once, i pose the same question to you??
How do they do a CR at a discount of 60 - 70% ??
How does that work exactly??
Cheers
MPJ Price at posting:
0.5¢ Sentiment: None Disclosure: Held