So the fully underwritten for $8M statement is not correct ?Any shortfall would have been if shareholder take up was less than $10.4M - $8M = $2.4M (This amount was exceeded by shareholders) ,correct ? According to the earlier announcement the underwriters would have to cover only $6.491M (which exceeds the $8M quoted as underwritten ) in the announcement of 14/11/2018 .
We now find out that it was really only underwritten to the tune of $5.3M , correct ?
So the "shortfall" is not actually a shareholder shortfall , but rather the CR was really only "underwritten" for $5.3M not $8M as stated in the company announcement of 14/11/2018 , is that correct ?
Didn't realize the English language could be "massaged" this much and not contravene rules ..........are we just not supposed to notice or something ?
Have I missed something , anyone ???
Ann: Non-Renounceable Rights Issue Shortfall Notice, page-5
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $111.3M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.9¢ | 6.6¢ | $56.16K | 835.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112055 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 1822806 | 4 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| PTN (ASX) Chart |