GW1 4.76% 4.0¢ greenwing resources ltd

th - cap raising - producing jan2011, page-22

  1. 1,749 Posts.
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    "tHe capital raising is just a continuation of their ineptitude.

    If it was short term financing why not take out a loan rather than dilute shareholders holdings?"

    plough

    give them a chance - we haven't even seen the ann yet!!

    i'm sure the option of a loan would have been considered (it's hardly a new concept) and, even if it is a straight cap raising or rights issue, bsm management likely have their reasons.

    i've been a sh for about 6 mths and have been pretty impressed with management so far.

    the proof of the pudding is in the tasting. we'll see in 12 months time ...

    k
 
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