NMT
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3.03% 6.4¢ neometals ltd

oversubscription

  1. Neil_WA
    2,988 Posts.
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    06/10/09
    11:50
    Post #: 5737138
    It would be nice to know just how oversubscribed this was. I would think likely at least double oversubscribed.

    The other thing I would like to know is when we get our "change". I have had SPPs in the past where it has taken more than a month to get it. When it was $5K max and the refund was $2.5K it was no big deal, but to be without $5-10K is a bigger deal. I would think the company gets interest on this so holding onto say $5M excess for a month could be worth around $30K to them.
    NMT Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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