”The Company reserves the right to accept over-subscriptions up to the Company’s ASX Listing Rules 7.1 and 7.1A Placement Capacity.”
I bet they take more than the $8m on this. It’s too cheap. We’ll piss away more than 10% of this company on this crap deal.
Most of these new shares will be sold I bet at 10c, keeping the share price down. 10c was the price we should have gotten for the new shares. S$&t show is the ASX.
PER Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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.
(20min delay)