MGR was another to get belted today in much the same way that...

MGR was another to get belted today in much the same way that MCW has been sold down. I've held MCW for years (since the $2 days) and am now regretting not having sold much earlier. Management commentary is always positive and they appear to have the debt to equity ratio under close scrutiny. I hope they've been honest with us.

GMG (was $7 twelve months ago) announced a large capital raising today at 90c. The dilutive nature of these raisings is spooking the sector, and all stocks get dragged down in the backlash.