BND bandanna energy limited

hind sight is always good. BUT far too many companies raise...

  1. 10,295 Posts.
    lightbulb Created with Sketch. 964
    hind sight is always good. BUT far too many companies raise money after a price fall or don't to placements as prices have long steady rises as what bnd had over 9 months

    i mean bnd went from 1.20 in November to 2.30 a few weeks ago .

    they could have done easily done a capital raising/ placement any time in the last few months for 1.80 a share and easily got the money quickly and a happy shareholder with that outcome . but not now ! now it will be done with probably almost double the amount of share to raise the same coin.

    but now they will have to do it at a price of about 1 dollar at discount today's price of $1.20 i can see the placement been done at a premium over $1.20 and definitely not 1.80 . this could have been prevent.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.