capital raising, page-4

I read in the newspaper saturday, that directors said this raising will "unlock" shareholder value.
This is a major dilution and april 2010 was trading around 70 cents to now at under 3 cents with a 2 for 1 CR, this IMO is placeing TZN in the highly spec resource sector.
How this can unlock shareholder value with 3 times the amount of shares in issue when the stock has crashed from 70 to 3 cents is beyond me.
I understand the economy is under pressure but this is extreme.
Nice to see at least the board sees this as positive