Where is the dilution? I would guess that very few investors would have an average purchase price greater than the issue price. Unlimited opportunities to average down over the last five years or more. Good strategy to strengthen the cash position with important drilling coming up. Great to see the demonstration of confidence with many of Corum's major shareholders dipping into their pockets. Next twelve months should be pivotal in the company's history you would hope.
MEU Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
