Likewise KR. I figured the overhang to have been more in the order of of 8.5mill [as opposed to most guesses around the 3mill] so 12+mill was a surprise. Maybe it shook a few more out of the tree.
Hopefully it is now behind us though and the SP is slowly starting to get some life [and interest] back in to it.
While we can lament the virtual giving away of shares on a fee for service basis it was necessary on this occasion or we would now be in a far worse place than we are now. Sometimes the choices become very limited. Previous "fee for service" handouts is another thing and hopefully future need to do it will not occur but I would definitely not like to bet on that one.
Done and behind us. Still looking forward to the run up the AGM. AB always seems to have a rabbit in the hat just before the AGM's. 2014 with Jab2 liftoff and ever closer to Jab1 finalisation will bring a lot to be excited about. It isn't that far off now.
Add to My Watchlist
What is My Watchlist?