ATI 0.00% 17.5¢ atlantic limited

urbanization of emerging economies..., page-21

  1. 11,992 Posts.
    lightbulb Created with Sketch. 592
    Yeah then there's that 30k/t Fe 'order' from that elusive Chinese steelmaker.

    Following is my opinion only:

    Trading halt tomorrow, prior to market open - reason, cap raising.

    Friday, trading halt lifted prior to market open - 16,666,667 shares issued at fixed price of 90¢, to raise $15m.

    The issue price of A$.90 per share represents a 6.7% discount to Atlantic's 5-day volume weighted average share price on Tuesday, 14 February 2012.

    As with the $1.20 placement, leave it to the retail holders (with a helping hand from a friendly broker) to set the price to where we want it.

    Happy Valentine's Day from Atlantic to our insignificant but valued retail holders .

    I also believe that MM will honour the last placement. As always, timing is critical.
 
watchlist Created with Sketch. Add ATI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.