On 13/11/2020 PYC made an announcement "Completion of Retail Entitlement Offer", the paragraph at the bottom of page 1 says:
"A shortfall of ~A$14 million worth of New Shares (~82 million New Shares) has arisen under the Retail
Entitlement Offer. The Company retains the right to place this shortfall within 3 months of the close of the
Retail Entitlement Offer at or above the Entitlement Offer Issue Price of A$0.17 per New Share."
By my calculation, that 3 months period would have ended on 13/02/2021. I don't think those 3-year options offered to the two new appointed Board Members would count towards this pool of $14M shortfall. Again I might be wrong. Please raise this question at the next Investor's Call on Thur 15/04/2021.
On 13/11/2020 PYC made an announcement "Completion of Retail...
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Last
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Mkt cap ! $466.6M | |||
| Open | High | Low | Value | Volume |
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Last
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Change
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 10/05/2024 ? | |||||
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