VRX 5.00% 4.2¢ vrx silica limited

"You're the one misreading the situation, buddy. Management do a...

  1. 10,786 Posts.
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    "You're the one misreading the situation, buddy. Management do a cap raise, and virtually no-one buys in, so it was a complete disaster financially."

    It was underwritten, bud. You're misleading people.

    Sub-underwriters were in place prior to the raise and have taken up the shortfall. They've stumped up $1.85m. Not the broker.

    I wonder why they did that ....

    And I wonder why you're here constantly talking this down....along with a few others.
 
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