SGR 1.98% 49.5¢ the star entertainment group limited

Ann: Completion of Placement and Institutional Entitlement Offer, page-13

  1. 295 Posts.
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    Tren is correct that there would have to be a scaleback clause. They are only offering $205mil of new shares to retail holders so unless retail holders own less than 427mil market cap based on todays share price (if my maths is correct) then there is a possibility of oversubscibing.

    Here are some examples of entitlement offers that have had to scale back. Bendigo Bank & Reece Group
 
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