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0.00% 2.9¢ gindalbie metals ltd

afr article righst issue set to launch

  1. alfien
    212 Posts.
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    19/07/11
    09:03
    Post #: 8693106
    HI

    article in the AFR that GBG will launch the rights issue as early as today. the article thinks that based on the shortfall of 600m and management putting in 100m from their cash reserves the raising on their 50% share will be 200million.

    no mention of issue price UBS and Morgan Stanley are helping with the issue launch.

    hopefully something will come out today to get it over and done with.
    GBG Price at posting: 73.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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