Although this is relative ancient history, after looking at it closer I think it was icq conducting the spp in Dec 2014 which was the cause of this 2.7% dilution. I assume that if car wanted to avoid dilution they would have wanted that raising to be a rights issue. Is a change in holder notice required if the change in % is due to dilution?
by the way I'm not saying car are current sellers.
What do you think the short term sp will do while the market waits for and then receives info on the new break even date and cap raising? Also what sort of cap raising do you predict? I'm largely on the sidelines at the moment but think if they can execute, this should be pretty easy to turn around towards profit.
Although this is relative ancient history, after looking at it...
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