KDR kidman resources limited

rights shortfall, page-3

  1. 2,626 Posts.
    lightbulb Created with Sketch. 26
    it hasnt fallen short at all - its 100% normal for only a % of "entitled rights" to be granted - as that doesnt include all the extras that shareholders have applied for [ and its not physically possible for every single shareholder to put money in everytime a company asks for it ]

    clearly states

    "
    The Company had an overwhelming demand for shortfall and further sub- underwriting during the Prospectus offer period. The company expects to announce the allocation of the remaining shortfall early next week.
    "


    looks to me like this means its massively oversubscribed- happy times for all shareholders

    have a great weekend everyone!! i know i will be
 
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