.. “NRW’s eligible shareholders will have an opportunity to participate through the share purchase plan with details to be sent to shareholders in the coming weeks.”
I wonder if the same timeline as Golding had will be followed?
If NRW wants to wrap the whole thing up this quarter, the SPP should be announced in coming days rather than coming weeks?
Golding acquisition dates were ;
14/08/17 - ‘Placement information and details of SPP to be sent in coming weeks’
15/08/17 - Institutional Placement Completed & SPP Details
18/08/17 - Security Purchase Plan;
1/09 /17 - Golding Acquisition Completed/SPP Update“The offer to participate in the SPP will open on Tuesday, 22 August 2017 and will remain open until 5pm (AEST) on Tuesday, 5 September 2017.”
13/09/17 -SPP completed and new shares allotted
.....so one month from pillow to post.
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