FLC
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1.12% 9.0¢ fluence corporation limited

Ann: Fluence to Raise up to A$40.7M to Substantially Reduce Debt, page-12

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  1. jamesc666
    823 Posts.
    lightbulb Created with Sketch. 1171
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    01/11/23
    21:35
    Post #: 70676985
    That is true. Ron’s 165.4M plus 165.4M new shares as a blend plus another $11M of institutional entitlement offer is fully underwritten by Bell Potter.

    What I am alluding to is the retail portion of entitlement offer amounting to $9M is currently not underwritten. Not all of these may be taken up as there are non Australian and NZ shareholders in the register. So there is a chance to apply for excess rights entitlement at 8c a share.

    FLC Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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