SL1 0.00% 0.0¢ symbol mining limited

Ann: Symbol Undertakes Oversubscribed Capital Raising of A$3.0m, page-39

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  1. 335 Posts.
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    I agree with cdchi. it all could have been done 2 months ago at much more attractive terms so this is a negative against management but what is done is done and hopefully there will be no further need for CR's.
    At least we are close to some major milestones so hopefully this CR will wash over in the next few months and we can move ahead.
    In managements defence most small cap companies do CR's to the detriment of shareholders. This is simply a common practice at the small end of town. No reason to expect otherwise from any asx listed small cap as they all seem to do this from time to time.
 
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