PRX 16.7% 0.3¢ prodigy gold nl

cr

  1. 1,705 Posts.
    lightbulb Created with Sketch. 199
    Just had a look at IDC capital raising... wow.

    The brief look I had at what they've got, I cant see why they managed to raise capital at a 30% odd premium to their last closing price, while our amazing MD manages to screw us into giving a huge discount.

    I wasn't happy at the change in direction in the first place, but now seeing we've dished out shares for a lot less then what we could've got, something clearly stinks.

    Anyone care to comment as to why IDC managed to get such a premium? Am I way off in feeling like we've completely robbed?

    Cheers
    Uttsy
 
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