BRU 2.22% 4.6¢ buru energy limited

Ann: Rights Issue to Fund Accelerated Development of Ungani, page-38

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  1. 46,855 Posts.
    lightbulb Created with Sketch. 8923
    Why is there a presumption Eric will take up his entitlement ? the % numbers match Coogee and Chemco -

    Personally I think it is a big risk not having any potential shortfall underwritten - It appears a lot of retail holders are selling today to take up their entitlement locking in a certain 3c profit .
    Last edited by h00ts: 01/08/17
 
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