A-2Tha-J13 May 2009 12:53
i bought in at 18.5p for TW, for the long term. don't worry though...the extra cash will make the company stronger and the share price will recover.
to predict possibility of dilution, besides checking financials, also verify major shareholding. if the company's primary shareholders are for example, a family trust - would they want to dilute their own shares? i don't think so(although you never know). if they were cash rish, they'd rather provide the company a short term loan than to tap shareholders for money.
as for TW, rights issue was always a possibility.