Just participated in this with WML, 500k worth between shareholders is a great faaa all. Though with Creasy group owning the grand majority of shares and already participating in the lions share of this raise, share holders may get double what WML holders got. eg out of 870k units applied for using BPAY for accelerated processing of funds at a cost of 15k, 66k units were issued. And the remainder of the funds, 13k is issued in a check which takes around 1 month to process, mail and then drive your merry way to a bank to cash in..
I thought it was great getting a go at the cap raise, at a discounted sum.. But reality was it's a few bread crumbs for the share holders.
Moving forward, the market caps about to increase as price decreases. (speculation)
Definitely bought in too hastily on this one.. Good entry price coming up though.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)