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The question is though, why a placement? If its for a great...

  1. corgifan
    351 Posts.
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    23/10/09
    22:20
    Post #: 5825522
    The question is though, why a placement? If its for a great cause, why not just have another rights issue when the SP is higher than where it is now? It would surely be oversubscribed!

    Now the market knows theres a sway of new shares about to be placed. Wheres the incentive to buy?
    KEY Price at posting: 12.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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