Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James and Team Your update on Bowen Coking stated as "holders the cap raise is frustrating given it was done at a deep discount and is highly dilutive as a result. For all the holders of BCB - Will you be participating in the SPP at 17c? if so at what % would you add to your existing holding?
Hi,
We intend to participate if there is a ~10% benefit to do so, and only to the extent of avoiding dilution (adding ~13% to the holding). Click Here for what we originally wrote for those that may have have missed it.
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