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6.25% 1.7¢ thunderbird resources limited

Should be 1.5 shares (entitlement) for every one share held....

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  1. crazyman
    686 Posts.
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    07/06/16
    13:58
    Post #: 17972665
    Should be 1.5 shares (entitlement) for every one share held.

    Latest announcement had a typo.

    I'm still trying to get my head around the under writer part.

    So offer is fully under written. But then underwriter is capped at 19.9%. Sounds contradictory.

    So if there is a shortfall then under writer is not capped anymore?
    VAL Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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