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rights issue, page-3

  1. Wombat2
    2,390 Posts.
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    18/08/08
    20:38
    Post #: 4121534
    Neil Biddle told us on Friday that there was a logic to the 6c price. As the Directors were sub-underwriting the rights issue they had to pitch it at a price that they were comfortable with. If memeory serves me correct they will be placing much of this with othjer investors in due course. Pargolf may recollect this better than I have described above.

    W2
    TNG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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