CG1 2.50% 7.8¢ carbonxt group limited

is anyone taking up the cap raise ?

  1. 1,284 Posts.
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    a quick check in with my contacts and I had a 100 % NO to that question

    after getting through the expletives and disappointments the key points were

    there will be plenty more so no need for FOMO

    there is no price incentive on the market to make it worthwhile
    I know brokers used to talk about the 10 percent rule with cap raises to make it worthwhile taking them up

    the new expansion sounds good , but haven't we been there before

    I spoke to a retired broker who has looked at the company and it was a resounding no from him as well

    maybe I should ask Shaws they did the initial float , then nothing

    so please someone tell me why shareholders should take it up
 
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