one single placement to raise funds is a great move by management regardless of minor shareholder dilution. The alternative to offer a placement to existing holders must meet the retail investor requirements thereby creating significant costs (producing documents, accepting cheques/payments, reconciling etc) not to mention the timeline. I will be voting for this and get the company moving forward and create shareholder value.
- Forums
- ASX - By Stock
- PZC
- Ann: Placement
Ann: Placement , page-14
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)