Maybe so, but that is extremely poor capital management and puts all long term existing shareholders at a disadvantage. Yes, they will be able to purchase additional shares at a discount, but when the market opens after the share placement, their existing holding will fall by the same amount of the discount. Hence all long suffering shareholders sill continue suffering while more recent ones will enjoy the benefits of the CR discount amount.
- Forums
- ASX - By Stock
- TO ALL THE BULLS
Maybe so, but that is extremely poor capital management and puts...
-
- There are more pages in this discussion • 32 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
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla