SYR 2.22% 22.0¢ syrah resources limited

Not sure of the point you are trying to make.This is what part...

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  1. 624 Posts.
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    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

 
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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
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