SYR 2.74% 35.5¢ syrah resources limited

Ann: Syrah announces completion of retail entitlement offer, page-24

  1. 2,275 Posts.
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    I dont see the cap raise result as such a disaster.I have more shares than I could have got in the raise for about 7% less in cost. Also if you compare market darling LTR and there raise, since it started share price frequently well below the raise price as much as 20%.At least Nobody purchased in the SYR cap raise only to find they could have purchased cheaper later.Finally the raise would have been at a lot lower price without the tesla deal.Time to move on.3-6month cap raise hang over and then onwards and upwards.
 
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