BSP
As OOO mentioned , the retail do not support the CR`s....probably because we just have so many shares from topping up anyway
and the finances are no longer there for many of us.
I shortened one of my posts I wrote a month ago on the same subject to why FAR have and probably will
bypass us retail when it comes to raising money.....
23/10/2015 $40m to be raised and the SI needed 7 days to raise their share which was $25m
4/11/2015 Retail were given 14 days approx. to raise their share $15m
Sophisticated raised $25m (62.5%) and underwrote $7.9 m(19.75%) total 82.25%
retail raised 5.5m (13.75%) and shortfall 1.6m(4%) total 17.75%
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- FAR Chair and MD explain funding/remuneration
FAR Chair and MD explain funding/remuneration, page-19
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