I sure wish I'd waiting till today to buy any BLT stock then. As a long term holder, it sucks that new buyers get such a good deal. If BLT were looking after existing holders, they should have offered this rights issue to those already on the register as of the date of the announcement. Yet again, we are shafted, and no consideration is given to the shareholders who have supported the company thus far.
BLT Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held