FNX 24.0% 31.0¢ finexia financial group limited

Ann: Revised Closing Date to Rights Issue, page-3

  1. 2,443 Posts.
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    Yes, and not unusually for FNX, a bit of an information vacuum here.

    The rise (which seems not to be underwritten) has 3 components

    1. A Placement to raise $1.1m
    2 An Entitlement to raise $4.8m
    3 A Con Note issue to raise $10m

    If the Entitlement is struggling, what about the Placement and the Con Notes?
 
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