CAT 2.83% $1.89 catapult group international ltd

Ann: Catapult achieves record sales and upgrades guidance-CAT.AX, page-130

  1. 1,519 Posts.
    lightbulb Created with Sketch. 35
    Ah huh......The $91m raised from instos are not escrowed at all! Only the share issued to the Playertek vendor. (1.3m)

    Sure the new shares don't get issued till the 25th but nothing stopping the insto selling their existing holdings in the meantime. CAT would of "gifted" shares to their favoured insto shareholders (so they should)

    Same end result!
 
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