Upsized placement is both interesting and dissappointing. Looks like STA has taken all money offered which will probably see a weaker on market demand at least in the short term.
I am very keen to see if Tembo Capital and United Super have tipped in more dough as I would consider them to both be "insiders". What they do or don't do will influence my SPP participation.
Ann: Strandline Completes $33.8M Institutional Placement, page-5
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