instinct wrote:how did they finish what they raised in the rights issue in just under a year? or they're expanding to the moon?
A smart board/management doesn't have a Rights Issue to "store" the money in a bank account. I do not know about Longhorn [I don't trust Nyammo] management/board.
Firms would have loans ready while they plan to raise funds which pay off the loans. "Using" the Rights Money should be easy enough since paying down loans is a no-brainer.
The Centum guys are smart. Do they call the shots at Longhorn?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett