AKK 0.00% 0.3¢ austin exploration limited

Ann: Priority Offer to Shareholders closed, page-12

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  1. 369 Posts.
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    ok, seems resonable to assume they will not want to reopen unless the shortfall is accounted for and they have secured the shortfall somehow.
    I guess they can open without the shortfall being allocated, but I personally find that unlikely.
    Anyway they may already have someone ready to take up the shortfall? Probably at .005 maybe even .004.
    Just my opinion but I think they will reopen once they have a plan for the shortfall, and maybe that will be wednesday.

    Just a further query if they fund the shortfall at .005, do all those who have already subscribed to the offer also get it at .005 or are they stuck at .006?
 
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Currently unlisted public company.

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