CE1 0.00% 0.9¢ calima energy limited

Ann: Support for Underwritten Rights Issue, page-3

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  1. 8,044 Posts.
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    I would say exactly as expected Kalinda. Without Whiddon/Burton underwriting this (200 million shares of the shortfall going to them) yes we would be in plenty of trouble, but they have and we have a bunch of new instos supporting us through Petra who will take the rest of the shortfall you would think.

    Having said that Issue of the Appendix 3B which makes the stock tradeable, 5 August, will be a test for the market as always
 
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