Wonder how long until your post gets enough thumbs down to go to zero.
Typical cap raising that offers dat der dem 'sofisticayed' types a huge discount and first crack at selling the shares and putting a bunch of profit in their pockets at the ordinary shareholders expence.
And given that the funds are needed say in what 4 or 5 months........lot's reasons to hurry there too!!!!!
And if things play out as usual, the share price will probably be sitting right around 75 cents by the time the right issue comes along so there in no incentive for the ordinary holders to participate.
No wonder many ETF's are so popular!!!
TRF Price at posting:
48.5¢ Sentiment: LT Sell Disclosure: Not Held
