well there you go, more than 50% underscribed!
poor reception from shareholders, but you could have bought them on market for same price as predicted (minus option bonus).
From the sounds of it they should have allowed oversubscription to individuals so they could take them from others, but instead they'll go to the new big holder.
Shortfall nothing to worry about since only a 1:11 offer, but will be interesting to see where the big player(s) start to take it. They should have their fill and be getting ready to pump?
Ann: Rights Issue - Shortfall Notice , page-4
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.8¢ |
Change
-0.002(2.50%) |
Mkt cap ! $248.5M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.1¢ | 7.7¢ | $1.160M | 14.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 291860 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.9¢ | 240000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| PEN (ASX) Chart |