BMN 3.77% $2.48 bannerman energy ltd

Ann: A$8m Capital Raising Heavily Oversubscribed, page-4

  1. 42,626 Posts.
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    Because most of the current holders are likely to be;

    LT holders almost wiped out
    Small time retail gamblers with small positions
    Fantasy Island type mind set

    Take Up likely to be low and issuance of prospectus is a significant cost. You are better off just buying from the market and save yourself a better discounted price.
 
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No. Vol. Price($)
1 82 $2.48
 

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$2.50 1500 1
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