TCG 6.45% 33.0¢ turaco gold limited

Fishhead reason for my bemusement is because we were operating...

  1. 369 Posts.
    Fishhead reason for my bemusement is because we were operating in an information vacum for the last 2 weeks, while the instos who participated in the raise were being roadshowed the stock at the start of last week when stock was 30c ... hence the info leaks, hence the share price decline, then the stock goes into trading halt and raising happens at a lower price than it should have. Its not so much the fact that we weren't able to buy more at a cheap price, its that we have all been diluted more than we should have, because they issued 57.5m shares at 20c, when it could have been 38m shares at 30c ie up to 33% less shares. Anyhow, all history now ... and please don't read into this that Blackwood etc manipulated the outcome to their benefit. That would never happend :-).
 
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