Sroyle;
Fair comment, really the placement price could have been renegotiated to stop the dilution, there is very little anyway with such a tight register, but considering the discount to the SP, they could have afforded a more measured placement price.
That is the thing with the spec end, so much wheeling and dealing, just to make an honest dollar. Even though that makes no sence.
I am happy now that i have a very comfortable freehold position with a stop loss on that too. I can allways buy more when the "risk" of further dilution is removed and fully priced into the share.
I would feel alot more comfortable if Iggy Tan put some of his hard earned in though.
Either way, still very fond of GXY and the Li market.
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Sroyle;Fair comment, really the placement price could have been...
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