Beauty of a small but heavily discounted spp is that s'holders can apply with confidence that they will not be underwater when new shares are quoted. It's not unlike a small rights issue with an immediate exercise date.
I suspect they have timed this to ensure that they remain fully funded should there be more unexpected delays. There's a lot going on in Euro land....
Beauty of a small but heavily discounted spp is that s'holders...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
