I hate the prospect of dilution should VIL do a capp raising.
BUT
lets think of it this way..... Why would GGP and VIL do a cap raising?
Perhaps they need to fund some major drilling or infrastructure at Fassue Pt to fully exploit this " unexpected formation" that announcements have referred to....
if that is the case then i think a cap raising would be great IF and ONLY IF it were to achieve big things re Fausse Pt and return much value to us shareholders.
just my opinion
VIL Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held