Don't panic, its only a rights issue! Lamprell stock is down 14% this morning but only as the nil paid rights hit the street, in the old days one would have been working out all sorts of ways to trade the rights and whether they or the fully paid were best value, today its simpler, either way the stock looks cheap. I saw the company a couple of weeks ago and I am extremely confident that they are entering a very exciting time, the addressable market just got a whole lot bigger and they are well set to participate in significant growth, now fully re-funded.