Would be very interesting to see whether or not the offer will be fully subscribed by shareholders and if not who will get the shortfall.
We all know how often the share price is depressed by bigger boys to take the shortfall.
I noticed that with ASN. The SPP was @ $0.011 after shares went down from over $0.05 to $0.012 and was kept low until close of SPP on 4/9/17
2 weeks later the run began. ASN was a great story with sad finish and let's hope we follow the same story with adjustment to the ending.
At least from what we know we should not face high Mg and other impurities.
Ann: Entitlement offer of RLC options opens, page-9
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Mkt cap ! $1.858M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 9462003 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7026429 | 8 |
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