55c! What a slap in the face to long term supporters and those who recently tipped in money at $1.05. The price has hardly even been that low in the past 6 months.
Are things maybe going not so well that they have to raise money right now, and at such a steep discount?
I no longer have any spare cash to take up this "opportunity", and by not allowing the entitlements to be traded I can't even get any value from them this way, so here comes a dilution shafting.
The iSoft takeover is looking more and more like a folly.
So will this send the shareprice back to the 50s?
IBA Price at posting:
72.5¢ Sentiment: None Disclosure: Held