Morgans can't do another book build, it has to be a rights issue...

Morgans can't do another book build, it has to be a rights issue or placement to shareholders. You can only do 15% of market cap per year without shareholder approval.

A tad disappointing, but I expect Chris Froome's couple of tweets cost a lot. Gotta spend money to make it, lets just hope the cap raise is fair or beneficial to current holders.

DYOR of course.