ASR asra minerals limited

Ann: Rights Issue Closes Oversubscribed, page-2

  1. 14,234 Posts.
    lightbulb Created with Sketch. 4253
    Great to see it was oversubscribed but no surprise at that price / discount.

    Great they accepted all of the oversubscribed shares, at least I hope so.

    Not so good, truckloads issued to so called " investors " ( MAHE-clients) and the fees to MAHE which could mean a drag on the sp as their business model is to achieve a quick turn over for a small profit ( 10 % ) to rush into the next CR.

    But over time sp should get back to 3c, progress permitting.

    GLTA
 
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