RED 1.54% 33.0¢ red 5 limited

Ann: Red 5 successfully completes Retail Entitlement Offer, page-6

  1. 97 Posts.
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    Well what a F-U that was. We now have 'at least' an overhang of 75mn shares in very short hands, as Underwriters are not in the game of holding onto unsold issuer shares. But I suspect the overhang is much larger. So we are effectively capped at 16cps, for 'who knows how long'.
 
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33.5¢ 33.5¢ 32.5¢ $5.788M 17.50M

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