SLA 1.12% $4.50 silk laser australia limited

entitlement not, page-21

  1. 974 Posts.
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    "The Rights Issue will not be underwritten but Directors will retain the right to place any shortfall."

    Great post trent26

    It'll be a nice way of perhaps grabbing a few million shares at 30c with 10c upfront.
    What would happen if they tried buying a few million shares on market, lol.
    The price will spike so this is a way of getting a nice parcel of shares for a great price.
    They'll give us something this week but as nicholls5 has mentioned it'll probably be lower than expected volume orders for Ropren.
    The true believers will see that as a good start but others will say what the and sell!
    I'm of the belief if Ropren is being sold and it works then it's only a matter of time before SLA takes of.
    Then again SLA might surprise us and the share price could be 50c by Friday with a great announcement we just don't know.
 
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