OLY 2.50% 4.1¢ olympio metals limited

rights issue, page-4

  1. 1,469 Posts.
    Icred

    You have raised an interesting point. Yes, TTY can increase its holding by buying extra units and I would expect that it will.

    However there are limits. From memory, an acquirer (TTY) can only take up an additional 3% every 6 months. This limitation also has a time limit, cant remember what it is but guess it would be at least 2 years otherwise it would be pretty meaningless.

    I expect to get back into OLY but for the present will just sit and watch.
 
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