OEX 20.0% 0.6¢ oilex ltd

Shares are issued 22/12/14. Offer closes 12/12/14. So in effect,...

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  1. 893 Posts.
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    Shares are issued 22/12/14. Offer closes 12/12/14. So in effect, one doesn't know the price one is signing up
    for is the offer is accepted. Flow results as you say Span, expected to be released 5-8th December. So maybe
    if that is the case and the results are favourable then at least you would be expecting a SP increase prior
    to accepting the offer, knowing it will be further discounted 20% upon the last 5 days vwap PRIOR to the
    issuing of the new shares on 22/12/14. What that eventual issue price will be you won't know until 22/12/14.

    Strange days indeed.

    GLTAH
 
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