Ann: $1m of SPP underwritten by Hudson Investment Group, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 452 Posts.
    Well that is some good news - finally a major holder shows some support.

    Sovereign Gold Company Limited (Sovereign Gold) (ASX: SOC) is pleased to announce that, following discussions with Hudson Investment Group Limited (ASX: HGL) (Hudson), Hudson have agreed to underwrite the first $1 million of the recently announced Share Purchase Plan (refer ASX release dated 17th June, 2014).
    Any shortfall from the first $1 million of the SPP Offer will be issued to the Underwriter or sub- underwriters nominated by the Underwriter from Sovereign Gold’s 15% placement capacity under ASX Listing Rule 7.1, or as otherwise approved by the Sovereign Gold’s shareholders.
 
watchlist Created with Sketch. Add SOC (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $13.89M
Open High Low Value Volume
11.0¢ 11.0¢ 11.0¢ $1.375K 12.5K

Buyers (Bids)

No. Vol. Price($)
2 151954 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 73915 2
View Market Depth
Last trade - 12.39pm 26/11/2024 (20 minute delay) ?
SOC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.