I bought a few more at 28 cents, but hesitant to buy anything else until further clarity. Shareholders could potentially be whipped out by a massive rights issue if a blowout or delay was to occur. This is all due to the pathetic shareprice.
If we were capped around $1 billion as we were in all those previous years a $100m raising wouldn't be too dilutive. GBG is in a vulnerable position.
GBG Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held