I agree with you and at the very least they should have done an underwritten SPP for some of the raise to give retail holders an opportunity to participate. The raise with the acquistions and tight register had a good chance of negating any arbitrage. Reference for reading.
http://www.smh.com.au/money/investi...dvantage-small-investors-20141110-11jo2w.html
- Forums
- ASX - By Stock
- Ann: Trading Halt
I agree with you and at the very least they should have done an...
Featured News
Add NVL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online