EIO 3.57% 29.0¢ energio limited

keeping the price down, page-22

  1. 22 Posts.
    I agree - the vwap this week does set the strike for the loan according to the NOM. The plan is a set number of shares though so we will not suffer further dilution due to a lower strike price. It has traded very poorly since the placement which is disappointing. Very light volumes now though so wouldn't take much to get it going again. Also hoping the met is out this week - clearly everyone sitting back waiting for it now.
 
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