Nah, the forms aren't due back until later this week. Last week was the deadline for buying rights online. Although its very unusual to have an options trading as well as a shortfall option. The documents that came with the offer make it clear they are offering an uptake of the shortfall, and there is a place on the form to make a bid, so it would also be very unusual for the underwriter to not take up offers on the shortfall. Still, it has been a most unusual offering in lots of different ways, and I think shareholders could reasonably take the directors to court over the very unfair advantage given to those involved in the initial placement, as they were then able to sell while the SP was nearly 10c, unlike us bunnies that have to hold until (of if) the SP goes back up from 5c.
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- Ann: Quarterly Activities Report - June 2019
Ann: Quarterly Activities Report - June 2019, page-69
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Open | High | Low | Value | Volume |
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---|---|---|
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26 | 267243 | 1.100 |
4 | 53914 | 1.095 |
10 | 196021 | 1.090 |
7 | 123316 | 1.085 |
10 | 339860 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 77991 | 2 |
1.115 | 70727 | 6 |
1.120 | 44040 | 3 |
1.125 | 118362 | 4 |
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