There should be something soon on Innogy. The Prospectus...

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    There should be something soon on Innogy. The Prospectus timeline had issue of securities under the offer occurring next Thursday (23 May).

    That noted there can be delays and it doesn't mean the investment is going to be a dud. For example GT1's prospectus that had issue date 19Oct2021. The expected official quotation was 28Oct2021. The ASX notice of admission wasn't until 8Nov2021 and they commenced trading on 10Nov2021. GT1 was a 25c issue price. Opening day trading was 38c to 50c. The all-time lowest price traded was 33c and it has been over $1 and has raised additional capital at over $1 although GT1 is current at 67c. Not a dud although some shareholders will be down currently.

    https://innogylimited.com.au

    The Innogy timeline
    https://hotcopper.com.au/data/attachments/5269/5269456-ea92f78900e0392869d5e91d5aa76cb6.jpg
    Last edited by WhatsTheTip: 13/05/23
 
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