TNC 0.00% 3.0¢ true north copper limited

Ann: Successful completion of Retail Entitlement Offer, page-2

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  1. 1,164 Posts.
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    https://hotcopper.com.au/data/attachments/6244/6244539-1c73147cb1ee63d14cc7c32307dd4759.jpg
    So the underwriters are the proud new owners of 113,200,023 shares from a total issue of 137,065,554 shares. 82.6% of the offer fell through to the underwriters.

    'Success' in terms of the company still gets it's money (which is the important thing), not so much of a 'success' in terms of the getting the offer away.
 
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