3 observations.
1/ The RI results were announced and Patersons are yet to underwrite the shortfall up to $5m.
2/ The RI closed and EDE was booted from the All Ords. Nice timing by the way.
3/ Still no change of sub holder or director interest notices.
What do the retail shareholders amongst us feel? Do you expect better from EDE or are you happy with what should be considered to be surprises? Heck, the underwriter seems not to have fully supported the RI.
Thoughts?
Ann: Pro-rata Renounceable Rights Issue Results, page-20
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