RE:Folks: very important Yes all very good, management are protected and walk away with a package while the long suffering shareholders, suffering even more as IAU hit a new short term low today, get shafted again.
The timing of the placement and the Equinox sale dealt double blows to long time shareholders. Both should have been avoided. The only reason IAU would need a large offering like that would be to commit to a material change for the good of the company but in the pre-amble it was all very vague, typical management waffle.
Yes I'm getting tired of seeing an investment drop, CONTINUOUSLY.