Positive news, released after entitlement date, will set the SP on a run, ensure fully subscribed uptake and provide current holders with an opportunity to cash in on some of their patience.
No mention of how over (or under) subscription will be dealt with. Based on last time, it will be by the book, i.e. pro rata allocation.
With 3,500 holders of marketable parcels (and only $2.5m available), it will be interesting to see what happens if the price does take off.
FAS Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
