Just thinking that if SilverCorp didn't participate in this cap...

Just thinking that if SilverCorp didn't participate in this cap raise then they will no longer be a substantial security holder. If they did participate at over $1M then they will probably have to update their substantial security holding as their total holding will be north of 6.08%. No update implies they now hold between 5% and 6.08% (29.2M to 35.6M shares).

this is the back of an envelope calculation....


Could be wrong. Guess we will find out on the 7th when the cap raise settles.