Originally posted by PovertyBoy
This is going to surprise and draw ridicule but Im almost o.k with this.
I like the amount. I hope this is enough to complete the DFS. I like that it is fully underwritten. 5.2mill.
Its a lot of money, and clearly we will have Patersons with a considerable vested interest wanting to see this go higher.
8 cents. A 50% discount. A big hole where my profits use to sit. I wonder how much hartleys wanted to rort us?? Perhaps they wouldnt fully underwrite us?
At the very least you should get a nice research note from Hartleys.
RWD did a similar raise last year the difference being the top holder and director was the underwriter and he loaded up to creep limit.