No one likes capital raisings, but VOC have been good at deploying capital appropriately. I think it is important to look at what they do with the capital . 48 million in cash , if they are able to generate a similar return as previously on this capital, the current dilution is insignificant. They see growth opportunities and I prefer this rather than them taking on more debt. What would you do if you were faced with growth decisions and had to finance. I take your point though that retail investors have been excluded .......
VOC Price at posting:
$4.57 Sentiment: LT Buy Disclosure: Held
