ELK elk petroleum limited

2p reserves, page-8

  1. 4,837 Posts.
    Hi Mike
    "What does this mean for shareholder who have not yet taken up the share offer?"
    I suspect not a lot, as the discount will still be 15%
    on what is looking to be a higher price. I beleive the VWAP might go from Thu to next wed.

    Current holders not willing to buy more today, likely we will get a bit of action as word gets out over the next few days. Might even see a few broker reports????
    Cheers
 
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