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$15m cap raise Fresh Equities at 24c, page-161

  1. 766 Posts.
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    I was always hoping that if they needed to raise a bit of capital it would involve a rights issue for existing shareholders. With commiserations to ANPtoDollars and other overseas investors. I am with Itsa on this one. A bit confusing with all the speculation but the science is good and I remain confident of a good eventual outcome for investors and the DMD community. I will certainly be taking up as much of my 1 for 7 as I can afford. The attached options are a real plus IMHO. Investors who don't take up the offer will get an opportunity to buy in at a decent price as it is only natural that the SP will drop a bit below 29.5 for maybe a short while........... but in the medium term this will be nothing more than a slight hiccup on the way to a really good future for the company.

    Meanwhile Meph must be having all sorts of difficulties thinking about his new job!!

    cheers and good luck to all

    Learner
 
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