First Asset Morningstar Emerging Markets Composite T.EXM.A

I like the deal....

[siempre33]

and so does paperboy... "When you consider that there were no warrants, this was a much better financing than EXM could have gotten in the open market. The dilution is far less without warrants. EXM was running out of money and the market it knew it. Thus, the weakness. Exmin had hoped to finance much higher, but the market didn't allow it. Clearly, they ran out of time. That's the bad news. Doing it with Hochschild is the good news."