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Ann: Renounceable Rights Issue , page-18

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  1. nzmicro
    2,197 Posts.
    lightbulb Created with Sketch. 50
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    21/10/09
    22:28
    Post #: 5813836
    It states that it is underwriten anyway so how is there a shortfall??

    So If I sell all my shares on record date , then apply to buy 100mill at .001c I get to buy all the shortfall shares using the 'shortfall facility' ahead of Patersons? cause I will lol
    SBN Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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