BGL 2.63% $1.37 bellevue gold limited

Ann: Successful completion of A$150M placement, page-112

  1. 1,233 Posts.
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    well here being retail is a blessing in disguise. I can’t recall a placement being over-subscribed about 5 or 7 times and then coming on at such a discount to the issue price, and it’s had 3 days of it now.

    Definitely really weird price action. But for those of us that lightened off at $2 plus because it seemed prudent, and did not get any in the insto placement at $1.55, and were looking at just $30k worth at $1.55 in the SPP, we have the advantage we can ignore the SPP and simply add as much as want at these lows instead.

    I’m pretty well gorged on this one again.


 
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