TWR 1.64% $1.20 tower limited

oversold-rivkin, page-9

  1. 3,694 Posts.
    The analyst says Guinness Peat Group, which bought 9.9% of Tower earlier this year and gained two seats on the board for its Australasian generals, Tony Gibbs and Gary Weiss, will not be able to underwrite such a capital raising because it would take them over the shareholder cap of 10% that is in place until September this year.

    Source: nzoom.com
 
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