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Ann: Suspension from Official Quotation, page-209

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MrGraphite2

6,299 Posts.

1046

09/05/21

14:53

Post #: 53046575
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Originally posted by Ppaton77: ↑

you only loose when you sell
If you bought at 35c at least you are in. Yeah sure you could have got more for your money if you held back but at the time it looked likely the SP would roll up into the 40s were it not for the shorters.

What is the basis for the 17c claim? I thought the number was referred to reliably as 26-27c? Is 17c based on an assumption that the CR fell short and was having to discount further to fill the books?

My but feeling is 75,000,000 new shares (approx 20% more) at 27c raising in the relms of $20m. Worst case if not fully subscribed it will be made as a public offering.

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Hi Ppaton77,

The problem is mostly left right and centre capital raises are getting overprescribed and scaled back. Here we are at a discount and time extension.

Doesn't look good at all how one is trying to spin it..

WKT Price at posting: 32.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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