The lack of underwriting is a concern, as is the deafening silence from the major shareholders, as to whether they're going to participate.
Looks like GXY will stay suspended until July 1st, so no one can tax-loss sell or sell off existing holdings and buy back via rights shares at 8c. "Screwed" is an appropriate word at this time.
- Forums
- ASX - By Stock
- GXY
- any past experiences with a raising like this?
any past experiences with a raising like this?, page-3
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online