For those share holders who are having a winge about the proposed insto raising ... stop complianing!
You will not be diluted as you will be entitled to an additional SPP, most likley each retail investor will be entitled to buy $15k worth of shares @ $1.1
A renounceable offer similar to RIO's would not work. Many retail/insto's who do not have additional cash to take up the offer will sell their rights causing short term downward persure to the SP - may breach covenants & have the shorters all over the stock.
AIO shareholders should be happy that the company wasnt sold off at a distressed price.
Thats why i beleive shareholders should Vote yes to the second insto raising.
- Forums
- ASX - By Stock
- AIO
- shareholders stop complaining
shareholders stop complaining
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales