if it was done with the rights issue? would we of still had the 60% increase from 5c to 8c?
Current raise represents a 14% dilution on current MC.
If the raise caused a 60% increase in price with 14% dilution sounds like a good trade off as an existing holder, not sure a rights issue would be able to provide value equating to 46% per share? anyway let's see where this goes from here most likely nowhere for a few more months
QFE Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
