Hi 6 cents sounds CHEAP when their last sale was around 20 cents . They do not expect shareholders to take up their full entitlements hence the brokers trying to place the shortfall as Best Endeavours basis. I do not own and not trying to be Negative towards the stock . I am thinking about maybe applieing for some shortfall shares DYOR Any postings here I will look forward to reading Cheers Towie
NMS Price at posting:
8.4¢ Sentiment: None Disclosure: Not Held