HUM 2.44% 84.0¢ humm group limited

Ann: FXL - flexigroup successfully completes retail offer, page-2

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  1. 159 Posts.
    lightbulb Created with Sketch. 40

    "Following the Retail Entitlement Offer, approximately 2.6 million new fully paid ordinary shares in FXL will be issued to retail shareholders, with the balance going to institutions."

    I thought the retail component was trying to raise $50 million (albeit with $25 million underwritten by Lead Manager)...

    is it correct to say they raised about $3 million of the $25 million they were hoping for from retail investors or am i missing something?



 
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