I see that the rights issue they mentioned in their announced...

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Surandy70

12,220 Posts.

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28/02/19

23:51

Post #: 37612817
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Originally posted by Sdaji: ↑

I'm very sure that if they manage to actually get the current capital raising done (and that's a very big if), it will be their last, and the price will collapse quickly. It's seeming increasingly likely that they won't ever trade again and we'll get the announcement shortly that they're in administration. The site rules prevent me from stating that the end is near, but I personally believe with no doubt that the end is near. I definitely can't see AEB seeing the end of this year. I'm actually feeling good about it. It has overall been an interesting story to follow with interesting punters to, er, converse with, but it has felt stagnant for a while and I look forward to finding a fresh dog stock to watch (no doubt to the despair to that stock's bulls! Haha!)

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I see that the rights issue they mentioned in their announced trading halt on 1/2/19 has now morphed into a placement and rights issue!

I guess they realised, or were told, that not enough shareholders would contribute to a rights issue and without a placement no underwriter would go near them.

AEB Price at posting: 0.9¢ Sentiment: Sell Disclosure: Not Held
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I see that the rights issue they mentioned in their announced...

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