EWC
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7.69% 1.4¢ energy world corporation ltd

Ann: Successful Completion of Entitlement Offer, page-3

  1. Umshebi
    474 Posts.
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    21/04/21
    14:57
    Post #: 52623940
    If my assumptions/interpretation of this announcement and my maths are correct, then EWI took up about 67% of their rights and therefore freed up the balance "to allow for new institutions totake meaningful positions". That will represent about 11% of shares on issue. Will we see a new substantial holder announced (>5%)? Do the shorts need to cover?
    EWC Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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