The SPP was a nice present to the existing shareholders at the right price, but low uptake won't do the company any harm: they have sufficient funds from the placement (already filled and issued), and it will leave the capital structure tighter than it would have been. They should be able to raise additional funds at a much higher price next year.
what 2010 brings, page-4
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
