WSA western areas limited

Ann: Successful Completion of Share Purchase Plan, page-2

  1. 19,367 Posts.
    lightbulb Created with Sketch. 1474
    So only 14% of eligible holders applied, yet it was oversubscribed by nearly 100%.

    Shows what a token raising it was, imagine if the more normal level of about 50% applied.

    Not sure of their maths either, 1355 valid applications at an average $15775 only equals approx $21m, not the $29m they claim
 
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