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AJQ - Accelerated Non-Renouncable Entitlement offer., page-5

  1. 848 Posts.
    lightbulb Created with Sketch. 68
    hmm, so on the back of an envelope,
    Start of the quarter DGR bank account 2.844 million. (650K down on previous quarter).

    Take away the 2.1 million to support the AJQ entitlement taken up, and say, another 650k leaves the pricely sum of 94k in the bank at end of Sept?

    Guess that's why it appears we didn't take up our full entitlement. which would have cost an extra 170k.

    So do we have a cash raising ? Will retail holders be included? Does Tribeca take another chunk of DGR?
    Or maybe partial sell down of SOLG just to keep afloat. (Am pretty sure that has been done before.)

    I guess we couldn't afford our own announcement of participating in the entitlement.

    Anyone care to check my figures? Have I overlooked something? Its possible.
 
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