Australia's largest stock trading and investment forum Australia's #1 stock forum

APC

Click for more information

0.00%

0.1¢ australian potash limited

Ann: Oversubscribed Placement to Raise up to $3M Completed, page-21

First 21 Last

Share
Profile

Follow
Un1qu3Nam3

6,262 Posts.

1199

16/05/18

22:02

Post #: 33147202
Share

Originally posted by bluebird ↑

Some companies, apart from placements, allow shareholders to participate in the Capital raising, by subscribing for up to $15,000.00 (usually in thousand dollar increments) worth of shares. This tends to favour the smaller shareholders, allows tiny holders to get marketable parcels, and IMO, helps stabilize the share base. No need to buy in if you don't want. A very fair system, everyone can participate, $ are guaranteed. One wonders why the board did not consider this, or other means for shareholders to participate, particularly as they have been expressing great hope for their gold prospects.
bb.

Expand

CLA. Yeah. Everyone was really happy to get the chance. No reason not to offer it.

APC Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

RCE

Recce progresses testing of gel to treat bacterial skin infections

AHK

Ark Mines provides strategic update following mining lease submission

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

There are more pages in this discussion • 32 more messages in this thread...

First 21 Last

Add APC (ASX) to my watchlist

SPONSORED BY