Take some time and read the document...
The Offer Document including an Entitlement and Acceptance Form will be mailed to shareholders on 23 January 2017.
How on earth is this "sneaky" as you suggest?
Kudos to management for a strategic opportunity, securing funding at a premium, further diversifying the capital structure with international representation for growth and also working over the holidays as you so seem to suggest ...
Ann: UBN Announces Placement, Asset Purchase and Rights Issue, page-13
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Mkt cap ! $28.38M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 44.0¢ | $2.216K | 5.037K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4865 | 44.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 10000 | 1 |
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