Ann: Inca Offers Shareholders Rights Issue & Conducts Placement, page-42

I was quite reluctant to participate in yet another CR with Inca after having been invested in the company for the past 6 years. I thought about it for a couple of days and decided, after discussing it with my darling wife, that we would again put more money into ICG on the basis that we, like all of our investments, go into it with our eyes wide open and research both the commodity and the people attached to the company. After seeing today's movement the first question I was asked was "Why invest via the CR when for the same amount we were going to further invest we could buy on market and get another 175k shares"? I'm pretty sure that we aren't the only people having this discussion today.