NWF 3.57% 13.5¢ newfield resources limited

You are saying you've bought on market rather than take up...

  1. 1,350 Posts.
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    You are saying you've bought on market rather than take up your entitlement?

    Can't blame you if that's the path you've taken.

    Underwriters (~$7m is underwritten @ $0.15 I believe) will be sweating on the current SP where it is.

    Not sure why anyone would take up their rights with the on market discount atm.

    Also not sure anyone could trust the company to allocate the capital effectively.

    Wolf
 
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