RRL 1.45% $1.75 regis resources limited

fair point and i agree.my comment about cap raise was a bit...

  1. 365 Posts.
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    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
 
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