TSXV:CAV.H - Post by User
Comment by
gwalkeron Nov 02, 2010 4:57am
403 Views
Post# 17643567
RE: I'm disappointed
RE: I'm disappointedThey got ca. 500 mio $ as credit, so why not arranging more credit.
Because rasing equity was a requirment in order to get the credit.
They never said that they will dilute the shares so massively
The company has been very open that they needed to raise $160million via a financing. So even the most optimistic investor had to figure for at least another 110 million shares.
Sorry to ask, but have you been payng attention at all?