The 12% share price selldown on Monday really surprised me too. The capital raising would be for some sort of expansion project (Murchison?). I would have preferred if SLR had used its retained earnings for expansion rather than try to accelerate projects. I know this would take longer for the development, but I do not like dilution.
Is this a possible first black mark against SLR's management?
How much will they raise?
loki
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