I don't know how they could raise capital with the SP at this level. A 1 for 1 raising at 50c will raise about $650M. Would this be taken up?
IMO the SP would have to be sitting in the 70's and then a 1 for 1 at about 65c otherwise it is too dilutionary and we may as well wait with no divis for 2 years
I don't know how they could raise capital with the SP at this...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
