As per announcement 12th December 2014
The Company has received applications for 22,324,450 options pursuant to the Offer and will seek to place the 39,350,540 shortfall options. The Company will request quotation of the options by ASX pursuant to section 3.8 of the Prospectus. If quotation of the options is not granted by ASX within 3 months of the date of issue of the Prospectus, the Company will not issue any options and all application monies will be repaid.
Does anyone know if CSD has been able to place the options shortfall as surely they would appear very cheap with the proposed merger to be voted on 12th January 2015?
DYOR
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