The same thing happened to AVB, they were cruising along nicely, then a shock capital raising and dilution in the SP and people got out. It has been hovering well below where it should be for a few months now so close to mining.
In the long term capital raisings are good and necessary but in the short term they are terrible for the SP. The long term holders will not care as much because the fundamentals are the same and company plans are shored up with cash to implement what the company wants to do.
However the short and medium term investors will be understandably annoyed because they have much longer to wait now for a profit.
Stay strong and hold if you can, things will get better in the future. There is too much promise in this company, great projects and commodity prices on the rise. It will only take a few green days like we have had in the past month (ie 10 percent plus) and we are back where we want to be.
GL
where will the sp go from here ?, page-141
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