GREY:PGDIF - Post by User
Post by
desolationsoundon Oct 01, 2014 8:51pm
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Post# 22989267
What happens to SP if shareholders max'd out on rights offer
What happens to SP if shareholders max'd out on rights offer
Just saying .... Not everyone is buying up rights offer .. stock is at 20 cents .. what is to stop it going lower? Who will support 21 cents? will company? company may have their funds now for 2014/2015 ... .... Not the first time a SP has dropped below warrant pricing .. short term may turn out to be a bit of a negative for long term investors ...Wonder why the money wasn't raised through other means ...