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Biotech / Medical : momo-T/FIF
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To: tom pope who wrote (3166)9/21/2005 9:36:25 AM
From: Icebrg  Read Replies (1) of 12215
 
That's very generous - to those private investors.

When I see something like this, I ask myself why right issues don't seem to in use at all in the US. A little bit messy maybe, but it will at least give the current shareholders a chance to participate when new shares are issued well below the current share price. Either by subscribing or by selling the rights.

Erik
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