was thinkingabout possible refinancing or even cap raising...max of 15% of 1.5bn shares is 225m...so a raising at 30c is $67.5m and at 40c is $90m....what i keep asking myself is how much do they need to raise and will the sp rise enough in order to offer any potential raising to be offered at a discount to the sp...anyway my thinking is that in any case the shares must be trading at a much higher sp in order for the raising to be of substantial value....ie i dont think it will be a raising at 20c...in conclusion at some point there must be a significant rise coming imo....
BLY Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held