re: should be up 1% today SKG have another new issue of shares early this week.
They have to repay the $850000 by $25000 worth of shares every two weeks at a 6% discount to the lowest trading price in the 5 days preceding the issue.
I would say this pressure will continue until there is clarity over this Russian money.
Its a huge amount of money and SKG have hung their hat on it.
SKG
skynetglobal limited
