Could you please send us the AFR link? The only I could see is
https://www.copyright link/street-t...y-auction-wattle-health-stock-20180611-h1195y
Stockbrokers Ord Minnett and JB Advisory are seeking buyers for Wattle Health Australia.
Wattle Health shares went into a trading halt on Tuesday morning, as its brokers kicked off a bookbuild for up to 17.9 million shares worth $22.4 million.
New shares were being offered at $1.25 each which was a 10.4 per cent discount to the last close and a 38.2 per cent discount to the theoretical ex-rights price.
The brokers were calling for bids into the shortfall book by 5pm on Tuesday.
Up for grabs was stock left over from the company's recent one-for-five rights issue. Funds raised were to help provide secured loans for its CBDG joint venture so it could ramp up its ush into the organic dairy sector.