KMD 1.00% 50.5¢ kmd brands limited

very well supported. it appears a 79.6% take up rate from the...

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    very well supported. it appears a 79.6% take up rate from the institutional shareholders

    if so, the underwriters have so far secured 9.0% of the company at 50 cents per share

    plus the $30M insto placement is 8.46% of the company

    now its up to the smaller shareholders to take their entitlements for 42,412,900 shares or $21.2M

    in summary:

    * $154M raised today
    * 63,674,961‬ shares or $31.8M taken so far by the underwriter (which insto holders declined)
    * $21.2M available for small shareholders

    total = $207M
    Last edited by ddzx: 02/04/20
 
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