fkp property group announced that managing dir, page-5

  1. 2,948 Posts.
    lightbulb Created with Sketch. 17
    Before strategic review announcement trading halt its SP was 38.5 cents.

    Now it is 25 cents. (5 cents gain from offer price)

    38.5 - 25 cents = 13.5 cents - 5 cents = 8.5 cents loss

    Retail investors have lost another 8.5 cents per share since new offer with assuming all eligible retail holders have subscribed their entitlement to offset dilution)

    We all, especially retail holders as we are approaching usually SPdifference itself not company holding itself, already lost another 8.5 cents per shares.

    In my finding, I am not sure at this stage the company will allocate additional shares to additional applicant with only not subscribed entitlement shares or the company will issue more shares to fulfil additional share application. In this regards, any spare money holders could apply up to maximum $100,000 additional to catch potential certain opportunity just in case.

    Regards,
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.