CL8 8.33% 1.1¢ carly holdings limited

Ann: Renounceable Rights Issue to Raise up to $3.39 million, page-23

  1. 1,440 Posts.
    lightbulb Created with Sketch. 87
    surprised to see that there is actually some trading in the rights. Quarterly next week which will be standard I would guess $7-800k revenue and the normal percentage references.

    With $1.5m vouched for we have nearly $1.7 to raise from holders to meet the minimum raise amount. The quarterly wont do it and we must see some other evidence of the plan or supply and demand deals to get this over the line. If we see nothing or just a ho hum quarterly this process may well drag on.

    Usually Chris is pretty good at responding to emails but I haven't heard back this time.
 
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