RE:RE:RE:Dundee/SA/ Drilling
Three points that you still can't grasp: 1) the share price has fallen because the placement is being done at a price lower than the market price, this is why 2.2 mil shares were promptly dumped 2) you do not ''raise as much money as possible'' when you do a PP at a rate below the current market rate 3) if the share price rises to say 15c in the next 2 years, then dilution will be taking place at 8c ( a free bet to those who hold them), so EAG does not get full value when options are exercised. All this dilution is not raising capital at the market rate, so this will hold the SP back.