09-01-2015, 11:41 AM
(05-01-2015, 09:11 PM)butcher Wrote: Swiber to raise S$45.9 million with 1 for 2 rights issue at $0.15 for each right share. Net proceeds estimate to be $45 million.In their 3q report they stated cash for 111 million USD yet they are now butchering the share quote down to 15cents to raise a paltry 45 million SGD.
Hell knows how their real balance sheets are.
