capital raisings

an article in smh alluded to the stupidity of shareholders
when offered discounted shares for a capital raising,axa was the main subject and how its sp. held well above the offer price,unfortunately on the asx with rampant short selling of stock we live or die at the mercy of these predators,mof is a victim as are all macs listed stocks,nothing to do with retained value and i am very happy shorts have provided the opportunity to buy at such low prices,and they pay a divvy,well it might be a long time short so its a great opportunity to buy an income.

i did not take up the retail offer because i reasoned shorts would provide a superior price,