Its a risk and its also unprecedented IMO.
As a retail investor you have no such benefit to reap if the company you chose to invest in does not meet a production forecast. It goes against the very ethos and risks associated with being an equity investor.
Why should Baiyin be given this type of advantage? over other shareholders.
Additionally if the business needs more equity why aren't all shareholder equally given the option to contribute at through a rights issue, instead of giving one shareholder discounted scrip.
This is not a simple takeover offer more of a companies management chosing to favor and aid a new shareholder to take control of the company.
Anyway those who chose to hold good luck. I am moving on from the GDO thread permanently.
Its a risk and its also unprecedented IMO.As a retail investor...
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