while you're here
Perhaps you'd like to explain your previous stupid comment ?
------------------------- Subject very sneaky announcenet Posted 19/06/05 16:27 - 73 reads Posted by smuggler IP 220.253.xxx.xxx Post #625937 - start of thread - splitview
SKG announced to the world they had a share placement of 545944 shares at 95c on the 8th of June.
Only to release ....the placement is indeed for ONLY......216556 shares at 95c.
That is a fair way short of what was touted.
Why? ------------------------
Subject re: very dumb observation Posted 20/06/05 07:02 - 59 reads Posted by texas5qld IP 210.49.xxx.xxx Post #626130 - in reply to msg. #625937 - splitview
Add another wrong call to your list Bazzaroid
There were two placements:
(1) A$518,647.00. on the 8th of june- 32% above the Australian closing price.
(2) A$205,728.20. on the 16th of June- 35% above the Australian closing price.
Perhaps you can explain to us how you came up with this "dumb observation" on your previous post ?
Could you also explain why investors would buy $724,375.20 worth of shares at a large premium to the Australian market price ? --------------------------------
SKG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
