GFH announced on the BSE today that its Board had decided to recommend that shareholders approve a n up to US$300 million increase in capital. The Board has delegated executive management to take the necessary steps. A shareholders meeting will be called in the near future as soon as the required regulatory approvals are received.
If they get it, a case (classic) of good money after bad....
ReplyDeleteLC2
ReplyDeleteWouldn't that depend on whose money it was?
Or is your comment focused on financial rather than moral issues?