Originally Posted by
Baa_Baa
Agree, first blush am disappointed with the choice of new shareholder, the raise discount to market and the dilution, the amount raised would appear to be within reach of existing shareholders. Is this showing a lack of experience in capital management/raisings? Bear in mind 2019/20 saw a significant run up in SP, clearly signs of confidence and some substantial money, surely they should've come to existing shareholders with a cunning plan and given the opportunity to further support the company, or avoid the dilution.
Keen to hear what other shareholders think.