How do people feel about these guys issuing shares at nearly 30% discount to assets (and subsequent wiping current shareholder's assets).
SNC did a similar job earlier in the year but not as bad as this one.
The NTA announcement mid January will show the damage. If they had offered shares to current holders I certainly would have taken them up, as many as possible.
How do people feel about these guys issuing shares at nearly 30%...
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