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Ann: Completion of Entitlement Offer, page-3

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  1. 5,102 Posts.
    lightbulb Created with Sketch. 2303
    Total take-up rate of 37.8% (468m).

    Looking behind the headline, it comprised of a 22% (274m) primary take-up rate by existing die-hard punters who collectively almost doubled-down for shortfall shares to the tune of a secondary 15.8% (195m) take-up rate.

    In dollar terms: Of the $3.7m asked only $1.4m filled, with a net shortfall of $2.3m.

    The slo-mo death spiral continues.
    Last edited by zebster: 03/09/24
 
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113 92178699 0.3¢
 

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