4DS 1.39% 7.1¢ 4ds memory limited

Ann: 4DS Closes Oversubscribed Share Purchase Plan Early, page-43

  1. 764 Posts.
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    :( That means I definitely was too late.

    Given how quickly the SPP was fully subscribed, I don't think we'll see the SP rapidly drop to 5.1c as I had been expecting. Every other CR I've participated in has allowed over-subscription. Makes me think the small offer to retail was limited by agreement with the main buyer(s). That, in turn, makes me think they plan to hold long. With only $750,000 in retail shares @5c and plenty of demand from retail for more, I think the laws of supply and demand will keep the SP steady.
 
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