Nicholls5,
I freely admit that the outcome is far better than I expected. Holders can take some heart that they were able to raise this cash, albeit at a 20% discount, but it could have been far worse. I read between the lines that the con-note offered by the Singaporeans must have been too harsh for the people at View to handle. But, I must say that they must have been able to demonstrate the details of operational improvements to the satisfaction of the recipients that we are not privy to.
I couldn't find any mention of who brokered this raising and find that interesting.
However, I maintain that this is it. They will not get another chance. They will have to make this work or face the consequences - no more rolls of the dice.
I hope it works out for all holders, if they are successful it could be very profitable BUT by no means out of the woods, the axe is in the air.
Good luck.
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