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14/03/11
20:09
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well, lets see; under this deal the NTA goes from 20 cents to 11 cents - what a great deal for us!?
the EPS goes from around 2 cents not so long ago to .75c - where is the attraction ??
4.2 mil in fees just for this capital raising !! yet they cant find a couple of mil to pay debts due. hmmmmmmm.
Basically they have picked up the RR assets at a 30% discount and then given us a 65% share dilution at a lousy price.
pretty clear to see whom they are looking after.
Next they will go after another deal and take the price down further...........no thanks
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