KSL 0.00% 95.5¢ kina securities limited

Steady as she goes.My great concern for the WBC Pacific...

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    Steady as she goes.

    My great concern for the WBC Pacific purchase, was where were they going to raise the money from?
    The trouble with a Capital Raising through Share Issuance, is that the price of any new shares could have been less than $0.80.
    So new share holders, would have computed that it is a great deal, as they know who is getting screwed, and that is old shareholders who paid much more for their holding.

    Naturally, this is not a concern for Management, who receive enormous salaries.
 
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