If the lead underwriters were so sofisticated how did gsw raise like 100m at 4 bucks
Bottom line is if the fees are high enough a capital raising will be filled
It does look likely that a capital raising will occur within the next 6 months though as bankers and company directors get nervous when debt exceeds market cap
RFG
Price at posting:
$1.19 Sentiment: None Disclosure: Not Held
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