SGR 2.08% 47.0¢ the star entertainment group limited

Ann: Successful completion of Retail Entitlement Offer, page-7

  1. 7,284 Posts.
    lightbulb Created with Sketch. 1069
    yes just 39% take up with 187m shares passed on to the underwriters.

    Get ready for an underwriter dump fest over the next month as the underwriters offload. 187m shares is alot of shares to dump!!!

    Anticipate further share price weakness.

    Patience...

    I didn't subscribe, prefer to wait and buy on market cheaper. Fool me once... fool me twice and all that.
 
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