Interesting move by the company. Obviously some people don’t want the full offer to be taken up at 12c. If they keep buying and selling to themselves at 10c it’s inevitable that some retail holders and day traders will be tricked into selling. In some cases they may even spare a few hundred thousand shares to make it look real. But, there’s a time limit. Now, they just need to play this game a bit longer.
Blk, GCM....some bad blood in the pass... anyway, life goes on. Hope this Pacific Road deal will get finalised soon enough.
- Forums
- ASX - By Stock
- WMC
- Ann: Extension of Entitlement Offer Closing Date
Ann: Extension of Entitlement Offer Closing Date, page-7
-
-
- There are more pages in this discussion • 36 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 WMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online