re: Ann: Argonaut Securities publishes resear...
OS, agree & think it will be heavily oversubscribed & feel they will lift the amount raised as per this clause in the offer doc.
"In the event of oversubscription by the Closing Date the Directors may, in their absolute discretion, scale-back or reject applications. Directors may in their absolute discretion decide to increase acceptances in the event of oversubscriptions."
If that's the case reckon it'll scream past 5c in quick time.
PMY Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
