I'm not surprised, but this is still a devastating dilution for existing holders. To go with the uninspiring campaign to raise capital, paying off debt. Again...
Alison saw this on the cards though, having disposed of 16mil of her existing shares at double the price of this raising. She's a smart lady.
Ann: Share issue price for capital raising, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
