Agoracom: Small Cap Investment - St. Elias Mines

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ismore

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PP vs Rights

posted on Jun 14, 2012 09:55AM

Would it be feasible to have a rights offering instead of a private placement? This way, if the existing shareholders are feeling that the price has been forced down to give insiders a PP at a low price, everyone would have a chance to pick up cheap shares based on their existing shareholdings. Just a thought. Not to say that the in siders would consider it though.