G79 0.00% 2.7¢ goldoz limited

I agree with your points, but it is close to 20 percent drop...

  1. 261 Posts.
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    I agree with your points, but it is close to 20 percent drop from closing price and further dilution of the equity and and now several holders have to pray for good news quickly just to get to the same position before closing and suspension. Add to it no opportunity to participate did not go down well. Just quickly had a look at and it seem MUS did this SI raising in the past a couple of times before, so CJ's tweet seem a bit strange about loyal SF. As a last point when there was the last CR was not this information or at least suspicion about the opportunity already known? It should have been and sufficient raise should have been done to cater for it. This is called strategic management, what I see if acting on impulse. Not impressed.
 
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