DIO 0.00% $1.27 dioro exploration nl

with dio having to raise $35m in capitol ,which will dilute the...

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    with dio having to raise $35m in capitol ,which will dilute the share base further on top of the 160mill shares issued to harmony, surely this will lower the share price.
    dio had a large overhang of shares not taken up during the previous spp only a few months ago , and it did not appear to be a popular undertaking by the market. i remember the broker who underwrote the spp was caught with quite a large holding., that wernt taken up by dio`s own shareholders. that previous rights issue only needed to raise $12mill, this is much larger, so could hurt dio`s share price
 
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Currently unlisted public company.

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