Whats the difference between Capital raising and Entitlement??
I am in the camp to take up my "entitlement" in full. After digesting the last 9 months of this crazy world, and finances, it may be the silver lining, of a very very bad storm.
Us shareholders are able to possibly regain some $$ from out 10c shares.
As has been said it does not mean that the shares will relist at 10, it means there are more shares in the company and us shareholders were actually able to get some.
My thinking is the 10c price was to enable those who missed out on the NS deal and cap raising to get some, "select few Soph's will be in plus management"
People not in OBJ and who read about the story who want in when they relist will pay more than 10c. Some will sell for a stag profit after being locked from selling for 9 months, others will want the new shares to be a 10 or 20 bagger (thats me )
Wont be long till we will know how well the company is doing in reduit space
Plus bodyguard surface hygeine etc.
Hang tight for the roller coaster ride.
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- Ann: Entitlement Offer and Placement
Ann: Entitlement Offer and Placement, page-80
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