Just to clarify one point. You don't have a right issue to instos only. A rights issue is made to all holders. A placement is made to the big boys. I fear here that unless management sell us all one heck of a story that they won't raise the sufficient funds. I expected a better and more professional outcome than this. The alarming fall in the SP since Nov tells me the smart money knew there were issues ahead. I wish I had been smarter.
WDR Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held