"It's the price of the raising that's the issue?" Huh? 7.7% discount to 30 day VWAP is what? Too cheap? Too expensive? Too generous. Not generous enough?
First the problem is it's too dilutionary. Then it's the price, back to dilutionary, head in head out..make your mind up.
Another thing, "Most have acknowledged that(sic) manner in which the capital raising has been conducted is more dilutionary to long-term holders than it needed to be."
Really? Based on what evidence? Conduct a poll of all 6,500 shareholders, did we? Care to share the results? In the meantime how about refraining from the same broadbrush baseless statements that you accuse those of a contrary view of making.
If the market is a barometer of anything, price activity post-raising seems to suggest it's been generally well-received and it's business as usual. Onwards and upwards. Certainly none of the plunging into the 85 cent depths of despair many were predicting.
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