ATI 0.00% 17.5¢ atlantic limited

never ending saga, page-23

  1. asf
    9,888 Posts.
    Yes, you're right:

    http://hotcopper.com.au/announcements.asp?id=404275

    $30m note to Droxford, too- redemption at 97c. It's the IR of 17.5% though, that's the killer.

    Signed and committed to- MM @ 10m.

    SPP to come...

    Gee, who would fight against this trend and buy shares? I have barely seen such a fall- the last time I saw sucxh a sell-off by holders in a placement was NXS, when people thought it might go broke from litigation (litigation that I believe has still not been dealt with).

    When will the falls stop with ATI? It's a shocker.
 
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