NST 3.44% $14.44 northern star resources ltd

Ann: Share Purchase Plan Offer Open and Offer Booklet, page-231

  1. 622 Posts.
    lightbulb Created with Sketch. 111
    It was in the money and well oversubscribed, so I think they were looking for any excuse not to issue shares. Still, it's pretty normal practice for investors to sell down in order to raise funds for an SPP.
 
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