re: Ann: Bannerman raises A$5.8M in over-subs... I would agree with you Yatchy if the share price was 25c. As it is, it seems you can buy any shortfall at 22.5c. If it closes at 23.5c today, I will agree with you.
It would appear that the reason why this has fallen from 25c down to 22.5c is because the company has been soliciting funds for the second tranche of the placement and the instos in the know have been selling out to take in the cheapies.
Ann: Bannerman raises A$5.8M in over-subscribed S, page-6
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