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Ann: Asciano completes Retail Entitlement Offer , page-15

  1. sirjohnnyboy
    2,599 Posts.
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    17/07/09
    08:14
    Post #: 5399940
    re: Ann: Asciano completes Retail Entitlement...
    Top of the morning,

    From the ANN:

    "It is proposed that the board of Asciano will meet to consider whether or not Asciano will proceed to offer a security purchase plan, and if so on what terms."

    Does anyone have any ideas what they are referring to here?

    I don't understand why they need a SPP whan 200 Mil has been returned and oversubscribed from theretail offering.

    Could this be in case resolution 3 is not successful?

    Any ideas?
    AIO Price at posting: $1.42 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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