BTV 2.33% 21.0¢ batavia mining limited

rights issue , page-2

  1. 1,978 Posts.
    Very puzzling - I won't be taking up the rights now so I reckon the underwrtier will have an out in the agreement ? There will be a huge shortfall triggered--???

    It is hard to imagine Kirkes would want all those shares -or the directors -so why is the stock being sold down -- Does not make sense.
 
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