A nice line from the announcement:
"Institutions that participated in this placement included a fund, which is arguably one of the world’s largest investment managers".
Does anyone out there know where the investment managers that took part in the placement are based. U.K, Europe? China?
With one of the lead managers, London-based Arlington Group Asset Management. being U.K based, a lot of investors will obviously be coming from oversee's, U.K, Europe, etc, (China & U.S?). It's 4.00am over the U.K atm and was midnight when the ASX opened. What say the retail investors in the UK and Europe are still in bed and not going to hit this until the morning when they pick up the news.
It would be nice to see another jump tomorrow morning.
open your eyes, it is not too late, page-33
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