Ann: Successful Completion of Share Purchase Plan, page-4

First 4 Last

Share
Profile

Follow
franzhusion

288 Posts.

35

26/04/21

11:47

Post #: 52720260
Share

Originally posted by bedger: ↑

A doubling of shareholding at these prices a very nice result. I can see why companies get frustrated by doing retail share offerings. They quickly knock out a capital raising with Insto's and know what they are getting. Can be done swiftly and they can move on. 14% take up is a rubbish reflection on retail shareholders, particularly when a clear discount in closing stages - I am grateful, more shares for moi.

I did a similar thing in ORE last year. Bought in at $2.60 or something and sold out at over $6 recently. This was an opportunity gone begging for many retail shareholders. Whilst Lithium miners have gone a bit silly off the charts on EV demand, Nickel has yet to see the same exuberance, but inevitably will as the mass of retail sentiment wakes up.

Expand

I believe a great many retail investors may have taken advantage of the SP drop after CR Ann. and bought at a lower price on market as I myself had done .$2.06 to be exact, Explained this to the nice lady who polled me to ask if I would be taking up my offer...happens in most CR'S I have had hoisted on me.

WSA Price at posting: $2.25 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Trump chides Powell as Goldman call for calm. The RBA must be nervous

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

DMP

Is Domino's a steal after -25% plunge?

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Successful Completion of Share Purchase Plan, page-4

Top Stories

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

OncoSil wraps up recruitment for key pancreatic cancer trial

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Trump chides Powell as Goldman call for calm. The RBA must be nervous

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Is Domino's a steal after -25% plunge?

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Featured News