HT8 harris technology group limited
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patersons to end up with all the stock

  1. Lefevre
    10,176 Posts.
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    01/04/14
    14:35
    Post #: 13200469
    The rights issue closes tomorrow. A success for the company in raising funds but a failure for shareholders.

    Patersons as underwriter are going to end up with the majority of the stock.

    A whole lot of people are underwater on SHP including the punters who chased SHP up to 4 cents on big volume and are stuck unless they take a big hit.

    SHP needs some big news to clear the rights issue shortfall, annoyed placement getters and those who bought in the high 3's & 4's. Looks like a big mess.
    HT8 Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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1.1¢ 		Change
-0.001(8.33%) 		Mkt cap ! $3.618M
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1.2¢ 1.2¢ 1.1¢ $673 56.62K

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No. Vol. Price($)
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Price($) Vol. No.
1.3¢ 444418 2
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