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Eligible holders did not take up all the rights due to holidays...

  1. Quanta
    11,703 Posts.
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    20/01/16
    22:23
    Post #: 16836778
    Eligible holders did not take up all the rights due to holidays and new year shopping leaving ~28M juicy shortfall shares.

    So eligible holders like myself took up big positions in the shortfall.

    Minimal price impact as only a select few holders took up their rights and only a small weighting on total shares on issue.

    I await the next move by management.
    ODN Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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