Quite a good result.
Didn't fulfil my negative expectations that OGOG would use this as an opportunity to increase their control of the company.
Because of oversubscriptions (which surprises me given where the share price has been and the small number of non-OGOG holders), OGOG have only increased their holdings (according to my calculations) from 69.89% to ~71.7% of the company. This assumes none of the oversubscriptions when to OGOG, as that would be dodgy.
We should see a change of substantial interest notice soon.
Ann: NOTIFICATION OF LEVEL OF SUBSCRIPTION UNDER NZX LISTING RULE, page-2
Add to My Watchlist
What is My Watchlist?
