Scraping by - desperate measures...
The ruffer mob is probably not to dissimilar to the local yocal shareholder arrangements on the flipside or so in Australia.
Rep-presenting to existing clients/components of the representative ruffer llp investment vehicle, as I understand it, the sink or swim dilution con-undrum as it is put to existing SH's here.
Hand over or dilute.
Ruffer have a syndicated representative position & their likely uptake was @ 50% based on clients weighing up existing interest, dilution v potential and resulting in less than the full uptake.
Likely a similar story here when they roll out the drag gear at next weeks spp offer with consideration to the allotment of @ 20 million available.
Maybe they will get the full offer proceeds but I doubt it based on the real world economics where every second person that converses available funds is up to their foreheads in debt - seems, coupled with the same ruffer response exhibiting the confidence level.
Go Gold - thirteen hundie
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
Scraping by - desperate measures... The ruffer mob is probably...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online