BLY 0.00% $2.91 boart longyear group ltd

boart sold on issue rip-off, page-8

  1. 3,704 Posts.
    lightbulb Created with Sketch. 27
    "All the shares are being sold at 27 -- a massive 39 per cent discount on Boart's 44 last closing price"

    Im sorry but i didnt feel the need to read any further than this line in the article. I sold out last week so i like to consider myself neutral. Does this guy realise that sp was .24 about 2 weeks ago? 15c 3 months ago? When using the words massive discount maybe he should consider what the dilution would have been like if they did the placement back then
 
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Currently unlisted public company.

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