EUR european lithium limited
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Ann: Options Offer Closes, page-13

  1. Snappyt
    106 Posts.
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    09/05/25
    00:51
    Post #: 78975815
    From Options Offer ASX announcement of 11/4/2025:
    "To the extent that the Options Offer is not fully subscribed by Registered Holders and a shortfall remains
    following completion of the shortfall offer,     the Directors of the Company have each agreed to underwrite
    the Options Offer, subject to the Company obtaining shareholder approval at an upcoming general
    meeting.     "
    Therefore, as per yesterday's (Wed 7th May) ASX announcement "the company has notified the underwriters of the shortfall", then the eligible shareholders must have only applied for less than the 86M shortfall shares ... otherwise the underwriters would not have needed to be advised!!!
    Hmmm, time will tell !!!
    EUR Price at posting: 5.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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