Mr H: A little more on market perspective. Seems peoples'...

Mr H: A little more on market perspective. Seems peoples' thinking has turned to post-COVID and rebuilding of economies. Lets what arises from the CORONA AHSES.
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Share placement rort set to crunch small shareholders again
By John Beveridge - April 9, 2020

Small shareholders have seen this trap before and they should be really angry this time around.

After the global financial crisis, companies, both large and small, high quality and not, raised a heap of much needed cash through share placements and non-renounceable share issues.

The cash was great for the company – helping it to survive in tough times – and was fantastic for the new “cornerstone’’ shareholder, who profited by buying in at a reduced share price.

However, it was usually terrible for existing investors because their stake in the company was effectively diluted or reduced by the share issue and they were often unable to buy shares at the same price – although sometimes there was a limited share purchase plan.

Even worse, the low buy in price often became a new – and lower – benchmark price for the now diluted stock.
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An interesting read - not really earth shattering but sobering and highlighting need to view market plays as investments not "love affairs".

Safe isolated weekend to all
MS