CXU cauldron energy limited

Ann: Entitlement Issue Prospectus, page-2

  1. 1,145 Posts.
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    From below, that means Tony Parle a.k.a. @DeepThinker will be taking up his full entitlement so that's 20% of the $2M planned raise from the entitlement accounted for. If the SP keeps nicely holding up and staying in the 2 cent range, then a very nice arbitrage opportunity for all current shareholders especially with a free 1.5 cent option thrown in for every 4 shares taken up in the rights so would be expecting close to full take up.

    https://hotcopper.com.au/data/attachments/6496/6496832-3c42bdf6c4687aa124b83eb98870d3cc.jpg

 
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