SKG skynetglobal limited

thats not good news, page-4

  1. 2,922 Posts.
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    while you're here Perhaps you'd like to explain your previous stupid comment ?

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    Subject very sneaky announcenet
    Posted 19/06/05 16:27 - 73 reads
    Posted by smuggler
    IP 220.253.xxx.xxx
    Post #625937 - start of thread - splitview

    SKG announced to the world they had a share placement of 545944 shares at 95c on the 8th of June.

    Only to release ....the placement is indeed for ONLY......216556 shares at 95c.

    That is a fair way short of what was touted.

    Why?
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    Subject re: very dumb observation
    Posted 20/06/05 07:02 - 59 reads
    Posted by texas5qld
    IP 210.49.xxx.xxx
    Post #626130 - in reply to msg. #625937 - splitview

    Add another wrong call to your list Bazzaroid

    There were two placements:

    (1) A$518,647.00. on the 8th of june- 32% above the Australian closing price.

    (2) A$205,728.20. on the 16th of June- 35% above the Australian closing price.

    Perhaps you can explain to us how you came up with this "dumb observation" on your previous post ?

    Could you also explain why investors would buy $724,375.20 worth of shares at a large premium to the Australian market price ?
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