Rights Issues4 Feb 2008 13:14
ATEX's info is so wide of the mark that it is worrying how the rumour brigade seem so plausible.Suggest you look at the Balance Sheet and Accounts and take a look at the funders and more importantly why Paragon are seeking the emergency rights issue.If they didn't lend another penny the profits from the assets currently being managed through the securitisation deals of the last 10 years creates a good level to keep the operation going by which the Capital Markets hopefully will have relaxed.