Rights Offering a ..........far better option. It would be available only to existing shareholders, would likely be fully subscribed for, and best of all would not entail fees, commissions, options or bonuses to brokers. That in itself would save them up to 20% of the financing.
And finally, we wouldn't see the flaky brokers blowing it back in our faces.
A scenario the management should consider.
Cheers,
Brit