TZL 0.00% 2.7¢ tz limited

guess who, page-37

  1. 5,277 Posts.
    I don't understand something about the quarterly.

    In the quarter TZ did a placement for $2.8m and an underwritten rights issues for $9.8m. Total - $12.6m

    Yet in the quarterly, the amount raised was $11.7m

    But the most recent rights issue announcement state that the entire 28m rights would be alloted in Dec.

    Were Patersons let of the hook for about $900k shares? If so, shouldn't there be an announcement for this?

    Maybe I'm missing something.
 
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