DEG 1.27% $1.20 de grey mining limited

Ann: GOR: Gold Road Participates in De Grey Entitlement Offer, page-5

  1. 140 Posts.
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    Pleased GOR take their full entitlement, but it is interesting that GOR managed to get diluted as part of this raise - pre raise 19.9% post raise 17.3% (if my numbers are correct). I wonder if they will seek to top up another 62k shares to get back to 19.9%? They could perhaps deal direct with one of the institutions (if allowed?), but will cost more than $1.10.
 
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