re: Ann: Completion of Retail Component of En... Some of those 15% were deemed ineligible and were therefore unable to take up their entitlement.
I wouldn't mind so much, except that the raise was conducted at $1.30, which is an obscene discount to NTA.
I bought in at $1.90 after the raise, so I shall capture some of the upside, but I have been short-changed.
After having already conducted one CR due to mismanagement of debt and written down assets by $500MM, management has treated shareholders with complete contempt in this latest fiasco.
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