AEF australian ethical investment limited

Ann: Ceasing to be a substantial holder, page-7

  1. 109 Posts.
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    To add to that - it was a fully underwritten sale with a guaranteed floor price of $5.25/share, Citigroup were just acting as the vendor. Looking at both announcements all shares were succesfully sold (technically at a 7% premium to today's closing price). This should act as the new support/consolidation zone (can't imagine the new investors who participated want to see their money disappear).


 
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$7.81
Change
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Mkt cap ! $885.8M
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