Macquarie, and other existing investors, including Boardwalk...

Macquarie, and other existing investors, including Boardwalk (which previously held 19.9 per cent of shares on issue), were automatically diluted. Coalworks has a market cap of $145 million and under the ASX's latest proposal the dilution could have been far greater

Read more: http://www.smh.com.au/business/loss-at-boq-a-symptom-of-fragility-across-the-regional-mortgage-belt-20120423-1xh92.html#ixzz1stTbSlph


http://www.smh.com.au/business/loss-at-boq-a-symptom-of-fragility-across-the-regional-mortgage-belt-20120423-1xh92.html