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What am I missing here?I can buy X amount of shares on the...

  1. jaluma
    2,597 Posts.
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    18/02/13
    17:33
    Post #: 11434825
    What am I missing here?

    I can buy X amount of shares on the market now for about 2.5 cents a share....

    Then I can buy the same amount of shares in the 1:1 capital raising for 1 cent, which would give me an average price much lower than the existing share price.

    And the company pays down debt and becomes more profitable, seems like a reasonable deal to me.
    FFF Price at posting: 2.5¢ Sentiment: ST Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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