Yeh Researcher100;
Steer right off iceberg(aka GFC),
but first let's have a cuppa!
When dilution amounts to daylight robbery
David Potts
April 15, 2012
Issuing shares at a discounted rate to favoured clients needs to be changed.
SHAREHOLDERS are being mugged mercilessly but you won't see it on the nightly news.
The market isn't the culprit I have in mind either, not that it's covered itself in glory.
This is about boards behaving badly - those handing over shares so discounted as to be free money to the favoured few, while short-changing all the other shareholders.
Read more: http://www.smh.com.au/money/when-dilution-amounts-to-daylight-robbery-20120414-1x03h.html#ixzz1sHLzeSu2
Regards,
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