ADX 0.00% 9.8¢ adx energy ltd

Capital Raising: This will dilute the unfortunate shareholders...

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  1. 9,660 Posts.
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    Capital Raising: This will dilute the unfortunate shareholders of ADX even further. I have gotten out of most of my ADX (with a substantial LOSS, of course) - but some did not get sold (hence I have still some rather worthless ADX shares showing virtually NO value in my portfolio). Like so many others (I assume), I have lost confidence in the management of ADX.
    Wonder IF that Capital Raising is to SI's or if the ordinary shareholders will be asked to partake. Which ever way: Further dilution to existing holders is a given. Again, JIMHO, of course.
    Comments welcome, as usual.
    wasa
 
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