Pleased GOR take their full entitlement, but it is interesting that GOR managed to get diluted as part of this raise - pre raise 19.9% post raise 17.3% (if my numbers are correct). I wonder if they will seek to top up another 62k shares to get back to 19.9%? They could perhaps deal direct with one of the institutions (if allowed?), but will cost more than $1.10.
Ann: GOR: Gold Road Participates in De Grey Entitlement Offer, page-5
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$1.17 |
Change
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 21 | 226626 | $1.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 67598 | 21 |
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