"I rang and offered to take up another 500,000 and they said it would have to go to a board meeting and it would take 3-4 weeks for their decision. "
Hi Norm,
happy New Year to you! That's ridiculous how ARU handles these things. As I've written before we germans could simply oversubscribe the RI and I got my additional shares two weeks after the RI was closed. No new shares (with new ISIN) though but old ones. I wonder what kind of deal german bankers have made up here.
Good to hear that Mr. Laurance is going to clean up the mess. Can only get better.
wonder how the placement is going?, page-22
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