If you were Allocated Shares you could have sold up to the limit of that Allocation without being an insider. Granted that would only be 1/12 of your holding.
I could still be wrong, but I keep my view that the Offer will be unlikely to be fully subscribed. In such a circumstance at least some of your applied for Shortfall shares, if not all, would be granted.
Ann: Entitlement Offer Forms, page-42
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Last
55.0¢ |
Change
-0.020(3.51%) |
Mkt cap ! $75.54M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 58.5¢ | 53.0¢ | $25.88K | 46.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4518 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 1000 | 1 |
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