E33 20.0% 1.2¢ east 33 limited..

Ann: Prospectus, page-4

  1. 8,007 Posts.
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    No mention of what the substantial shareholders intend to do. The raising is fully underwritten by shaws, suggests some distress unfortunately.

    The TERP is 3.8 cents, need to see it hold above there or else the market is saying this new capital won't help E33 turn the corner. Ex rights date is 12 Sep, so today is the last day you can buy E33 with the rights attached.
 
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