only 53% of the retail offering was taken up which was surprising (especially when you consider that this included investors taking up further shares under the top up facility)
anyway, it was underwritten so the full $14.6m raised, but unfortunate that retail investors did not take advantage of the 10% discount (although perhaps that means it will create a bit of supply at or around this price for some time)
what would be good is to hear from the new CEO who has been in place for a month now; yes plenty on his plate with the Guildlink acquisition (who are now also the largest shareholder), raising funds for acquisition & growth, and then the various businesses doing quite diff things and at diff stages, but at least we get a view of his priorities and approach
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