VET 0.00% 12.0¢ vocation limited

Ann: Vocation response to speculation, page-5

  1. 7,393 Posts.
    lightbulb Created with Sketch. 1085
    lol if it had gone ahead you would have highlighted the massively dilutionary effect given the current low share price (retail subscribers get the lower of the institutional raising price or the current market price).

    Now you that it doesn't go ahead you complain directors don't want to demonstrate their support for the business.

    This has been a good decision by management given dilutionary effect and that the don't really need the money (net debt of $55m vs guidance of $50 ebitda)
 
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