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has anyone take up their right ?, page-58

  1. 34,916 Posts.
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    But they did this RI placement to reward the long-term holders. That's what the spruikers were telling us. There was no underwriter because they'r confident of placement success. The latest is that the remainder of the shares wil be soaked up by those sophosticated's who can now buy on market for 10c discount to the placement price. I'm actually surprised it's dropped this far so soon. Wait till the new shares are available to trade.

    Don't get me wrong I see real potential and it's getting very close to buy territory for me. It will be at far less than 5c though.
 
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