BUB 8.70% 12.5¢ bubs australia limited

Ann: Completion of Retail Entitlement Offer, page-2

  1. 7,126 Posts.
    lightbulb Created with Sketch. 1069
    Assume this means 12.7 Mil taken up by retail & 31.3 Mil shares NOT taken up by retail - comma & last number missing - VERY bad form for an ASX release !! -

    I imagine the sub under writers have more shares than expected to dump - I wonder if they do for a few cents quick profit & push the SP down

    Hard to see why people would not have sold on market at high 50's to take up rights at 52c - easy approx 15% profit - oh well

    https://hotcopper.com.au/data/attachments/4543/4543597-fdbffadd384387b4379d6a901d79124c.jpg
    Last edited by hatmopit: 28/07/22
 
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