ASR 0.00% 0.6¢ asra minerals limited

Ann: Proposed issue of Securities - TNR, page-128

  1. 3,004 Posts.
    lightbulb Created with Sketch. 525
    Hiya Bails, It very obvious Friday the 5.0 was the cap and was surprised we finished above that.
    The good news is from correspondence here and from management well more than 50% of the raise was from LTH’s.
    There will be a wash no doubt, however I don’t see, envisage a constant wash and rinse from here. Simply too much news following....... provided we don’t go putting money into too hard baskets for the ASX and have to put up with what was a very disappointing long trading halt.

    Been a shedload of stuff happening at the office, some great, some meh. Personally happy it’s done and dusted and taking faith in management they placed the stock in good hands. You would find it hard to come across a company who places a relatively small amount placement and personally invite SH’s via an announcement. Albeit those shareholders needed to be SOPH registered, yet the company still was looking to keep the stock in healthy hands.

    My portfolio was to the moon at 5.8, so it’s been decimated somewhat, I would expect that after any CR.
    Patience!



 
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