NAE 0.00% 0.4¢ new age exploration limited

Ann: Placement and Share Purchase Plan, page-63

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  1. 3,947 Posts.
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    Hard to believe the cap raising was heavily oversubscribed…If there was really that much interest investors would have been lining up to underwrite the SPP. This is an embarrassment and the share price is unlikely to recover from here. Given the size of orders on the sell side its clear what the market thinks of Gary and his team
 
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