TShirt,
I must admit I see cap raising as "the devils work" as it does nothing more than dilute. There was a poster he other day that captioned it well in that there are two types of CR one to pay CEO'S and keep the business going the other which we fall into is to increase wealth of the business and this is Paloma.
I was always hoping, as you could well have been that Paloma be a game changer and without being told by Ken, I am of the view that Paloma is a game changer and when the P1 & P2 is released it will be confirmed.
You're right x3 over subscribed for a junior is gutsy and having Ken welcome a number of high quality institutional investors again it looks great for the future and this is before vietnam.
I fully expect that the rerating by brokers will really emphasise Paloma and leading into Vietnam who knows what the SP will be, any ideas?
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