GCY 1.82% 54.0¢ gascoyne resources limited

"The SPP was well supported with approximately 75% takeup, with...

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. 278 Posts.
    lightbulb Created with Sketch. 73
    "The SPP was well supported with approximately 75% takeup, with the shortfall of approximately $1.3 million (4,431,667 shares) placed to sophisticated and institutional investors"

    No doubt the announcement was to get the SPP over the line. As predicted there was a shortfall. I am hopeful that the Share Price will sit around 29-30 mark and not fall of a cliff..again.. given that the Price of Gold is still experiencing some heavy pressure.

    Fingers crossed for a December/January rally.

    Cheers. GLTAH.
 
watchlist Created with Sketch. Add GCY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.