APX 3.03% 48.0¢ appen limited

Ann: Appen to Acquire Figure Eight & Launch Capital Raising, page-129

  1. 101 Posts.
    lightbulb Created with Sketch. 8
    This is my question as well.
    If we get scaled back to $1500, then we end up with 70 shares. Even based on last Friday's price we only make $140. I guess money is money but they get to hold the balance for at least a couple of weeks too.

    Don't get me wrong, I am optimistic about teh company and its prospects just this offer was good for sophisticated investors but not for the retail holders.
 
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