NIC 0.94% $1.08 nickel industries limited

Ann: Successful Syndication of US$400M BNI Loan Facilities, page-4

  1. 2,491 Posts.
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    Well, I may have missed the history of the loan planning message. But to say you haven't seen a lot of capital raising is just blinded. Check the table below which shows the shares on issue from Sep 2019 to Sep 2022, 3 years period:

    https://hotcopper.com.au/data/attachments/5958/5958527-7e4c4cc2b54f5f8b17e2e11069b9aebf.jpg
    That is over 300% the number of shares issued over 3 years.

    I don't want to call the management ridiculous, but I it's really beyond my comprehension why they diluted the shareholders so hard.
 
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