AJA
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0.00% $7.23 astro japan property group

Ann: Underwritten Equity Raising of A$23.6 millio, page-3

  1. bluefurmonkey
    425 Posts.
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    11/03/11
    16:19
    Post #: 8039000
    re: Ann: Underwritten Equity Raising of A$23.... Was wondering the same thing, especially given that Mr Lucas is entitled to the so-called "institutional" placement, which seems a little odd given that it is not being extended to other shareholders.

    Guess the lenders must have suggested that a little equity infusion might be in order as a condition of the re-financing.
    AJA Price at posting: $3.23 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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