SYR 2.22% 22.0¢ syrah resources limited

Ann: Share Purchase Plan Update, page-3

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. 624 Posts.
    lightbulb Created with Sketch. 17
    Not sure of the point you are trying to make.

    This is what part of announcement said

    As is usual practice, the SPP termsprovide that applications under the SPP are irrevocable and cannot be withdrawnafter submission.


    However, Syrah Views its relationshipwith shareholders as the paramount consideration and accordingly will waivethis requirement for shareholders who wish to reduce or withdraw theirapplication under the SPP.


    The relevant Amendment APplication Form must bereceived prior to the Closing Date of 5pm Tuesday 9 October 2018.


    SPP was not underwritten and it is obvious that the original offer was made to ensure retail shareholders had an opportunity to top up.

    If funds were  needed underwriting of retail portion  would have been sought with institutional offer.

    It is a sign that management does care for its shareholders with the opportunity to amend any application already submitted

 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
-0.005(2.22%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.5¢ 23.0¢ 21.5¢ $1.244M 5.635M

Buyers (Bids)

No. Vol. Price($)
4 116777 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 52000 2
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.