WMT western metals limited

over subsrcibed offer....

  1. 407 Posts.
    can any one advise.?

    on the one hand the company states that the offer will close when $8 Mill is reached...

    on the other hand they state that in the case that the offer is oversubscribed , that shares will be allocated on a pro-rata basis...?

    which is it.?
    the smart money faxed the form straight in as soon as the form arrived and paid by credit card.

    the whole eastern sea baord had a 2 hour advantage on the west coast.

    if the target was $8 mill then , only rougly 1600 people wld get the full allocation!
    not many at all....

    i think this offer was fully subscribed by 11 am perth time....

    any one one have anything to add..?
 
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Currently unlisted public company.

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