What are the Directors thinking when they put a rights issue in place to raise some money to pay down the debt, they knew they were generating, but the rights issue is at a 25% discount to the current market price. Surely they understood that the shares would head only in one direction and eventually match the issue price of the new rights.
What am i missing?
- Forums
- ASX - By Stock
- PGA
- how to stuff shareholder value
how to stuff shareholder value
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PGA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online