re: underwriting agreement
It is highly likely that Wilsons would be sniffing around them to do a capital raising(they would be in the box seat because of the work they have put into their research), it would be a doddle to put away) I have no problem with that as long as it is used to fund a purchase that is eps positive. Simply raising money because they can will not look good! The one thing in shareholders favour is that there is significant holdings held by directors(over 35 million) and they would suffer the same dillution as everyone else!!!!
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held