AWS australian waterwise solutions ltd

biggest rort i have ever seen, page-5

  1. 2,077 Posts.
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    Spot on woy woy! ...

    The sharks have come along and made a killing in a day by diluting us existing holders .. Existing holders only own 1/3rd of the restructured company with the new investors owning 2/3rds for an outlay of peanuts !! .... With an open of 2.4, underwriters were in the money 200% instantly with "sophisticated investors" 140% instantly.

    I'm happy with the new board and direction but existing shareholders should have got the opportunity before "sophisticated investors" at the very least.

    Extremely expensive paper loss for me today! :(

    Cheers,
    xmagx

 
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