What we have seen is yet another example of why companies place...

What we have seen is yet another example of why companies place scrip, which can be done quickly and effectively, and no longer bother being fair to all shareholders via a rights issue.

Shareholders so often do not support the company, but these same shareholders hypocritically cry, "It's not fair," when a company raises funds by successfully placing scrip, instead of giving them the opportunity to buy scrip on a pro rata basis based on their shareholding in the company.