CLN 3.41% 8.5¢ colonial resources limited

receipt of entitlement shares, page-4

  1. 2,453 Posts.
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    Yes same here

    They said capital raising was closed on schedule but admin etc will be completed sometime next week (see announcement before last)

    I have contacted registry and confirmed receipt of payment. But they are awaiting instruction from CLN before allotting the shares. Further supports notion that it should be sometime next week

    Anything less than 15c is a gift in my opinion.
    Positive news would see this lift and it would lift quickly- especially with continued support of underwriters. They may have budgeted for more stock than the crumbs that were left over and this will be acquired on market- if not already - as good underwriters do

    I'm excited about the weeks ahead. Make no mistake, CLN is a gem!
 
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