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I agree... you're wasting your time to put in for $15k..we'll be...

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frednurk

254 Posts.

7

04/12/17

15:34

Post #: 29353913
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Originally posted by Guerilla ↑

From 2017 Annual Report (p 118) there were 17,669 shareholders of which 4,401 shareholders held less than a marketable parcel of 1,112 shares.

Net of the 4,401 shareholders leaves 13,268 shareholders. Assuming 100% take-up (unlikely) of the $10m capital raising by these shareholders would see an average allocation of $754 per shareholder. Make your own assumptions, but with the SP at c.20c over the SPP, it also seems unlikely anyone will receive a $15K allocation.

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I agree... you're wasting your time to put in for $15k..we'll be lucky to get $2.5k...the others I just put in for..Gll and Could were both scaled back.

AWE Price at posting: 69.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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