a 1 for 7 raising is not giving equal terms to retail shareholders
1 for 2 would seem honest
1 for 7 is encouraging retailers to buy as many as they can to get their piddly 15% at 2.5c, probably designed to allow the insiders to offload their 2.5's at the highest price possible.
If I held Id certainly participate in the spp on my current holdings, but I certainly would not be buying more at 3.5c to get a 1 for 7 at 2.5c.
Far better to wait until the the price comes back to 2.7c
ann out on cap raising, page-70
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