management won't listen, page-15

Great post EMC2,

1. A cap raising should be avoided at all cost.

2. If absolutely unavoidable, it should be 100% offered to the shareholders first. Often the fat cat's are offered the lion's share (sort of follows) and the poor investors get something pathetic like a maximum of $15,000 worth each. That would be complete rubbish.

I have also been doing some research on other companies who have offered a record date in the future, to allow the SP to appreciate, and their have been several that I have found so far. Will post more when I have time this weekend.



Cheers all,