Quote:
Originally Posted by Plestor 
A captial raising either costs you money as a shareholder (read you pay the company) or dilutes your share. If you don't participate you get FXH's figure (-78% return). Otherwise if you take your max allotment you get a (.72*13/ {3.30*7+1.02*6})-1 (-68% return). [All other factors have been ignored because I'm lazy].

A captial raising either costs you money as a shareholder (read you pay the company) or dilutes your share. If you don't participate you get FXH's figure (-78% return). Otherwise if you take your max allotment you get a (.72*13/ {3.30*7+1.02*6})-1 (-68% return). [All other factors have been ignored because I'm lazy].
Yes, as i said, declined significantly in value but pointing out the capital raising hence not a like for like measure. Id hope my super fund would take their full allocation rather than get diluted away!
Either way, the PE firm looked and walked away











