fair point and i agree.
my comment about cap raise was a bit flippant and i could have expanded. they cut dividend and have been preaching about wanting to self fund mcphillamies.
if they do self fund, i hope they dont follow the path of other companies (cough evn recently) and do so at a deep discount to institutions.
if there is to be a cap raise with a discount it should be to existing shareholders primarily and not a mechanism to give institutions buy in at a discount at expense of diluting existing shareholders
fair point and i agree.my comment about cap raise was a bit...
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$1.62 |
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Mkt cap ! $1.220B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.64 | $1.51 | $18.53M | 11.68M |
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| No. | Vol. | Price($) |
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| 1 | 6000 | $1.61 |
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