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Davies said:"The Directors have received considerable interest...

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    30/09/11
    13:10
    Post #: 9033396
    Davies said:

    "The Directors have received considerable interest from parties regarding subscriptions for New Shares from the shortfall and are confident there will be a significant take-up of New Shares from the shortfall in the 3 months following the close of the offer."

    So why would anyone bother buying on-market whilst the shortfall is in progress?

    I doubt it will take 3 months to finalise...more like one week imo.

    ESI Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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