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clock Created with Sketch. 16/12/16
13:26
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Originally posted by redgie321
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Now that the SP is hovering around the high 7's, well under the 8.5c PR price, I started having a think about the next play for management seeing they dont have the safety net of the underwriter (should they chose to pull out).* The Directors reserve the right to bring forward or extend the Closing Date of the Priority Offer at any time after the Opening Date of the Priority Offer without notice. As such, the date the Shares are expected to commence trading on ASX may vary with any change in the Closing Date of the Priority Offer.
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it will be tricky. that's $2 million worth of shares from the capital raising that won't get bought, which means they will be $2 million short. I hope this won't affect their software development....
