EGA 0.00% 28.5¢ egan street resources limited

Ann: Appendix 3B, page-3

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  1. 10,813 Posts.
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    This is just those that have been exercised by the holders, the rest will be exercised by the underwriters. Looks like we got around 70% conversion from the holders. The question at this point is how tight the underwriters shares are going to be. Might be a month before we wash through all the loose hands, but who really knows at this stage.

    In the end it doesn't matter too much if you are a long term holder other than you might get a chance to buy more on the cheap.
 
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