Everything was correct the first time I'm not sure what happened there but I applied again doing the exact same process and it was confirmed straight away.
Hopefully the SP doesnt suffer the same fate as PX1 after their dual listing CR on the ASX
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Everything was correct the first time I'm not sure what happened there but I applied again doing the exact same process and it was confirmed straight away.
Hopefully the SP doesnt suffer the same fate as PX1 after their dual listing CR on the ASX
I am having serious second thoughts about TruScreen so I won't be making an application. Maybe I am wrong and the ship will turn around soon. The new CEo seems good as does the product but... there is too much against this and not enough profit upside for my liking
as at 08:30:25, Tuesday 22 December, 2020 (NZDT)
OFFER: TRU: Offer Closes Significantly Oversubscribed
TRU
22/12/2020 08:30
OFFER
PRICE SENSITIVE
REL: 0830 HRS TruScreen Group Limited
OFFER: TRU: Offer Closes Significantly Oversubscribed
NZX Announcement
22 December 2020
OFFER CLOSES SIGNIFICANTLY OVERSUBSCRIBED
TruScreen Group Limited (NZX: TRU) (TruScreen or the Company) is pleased to
advise that the Offer as outlined in the Product Disclosure Statement (PDS)
announced on 11 November 2020, has closed significantly oversubscribed.
The Offer was conditional on listing on the ASX as outlined in the PDS, and
the ASX has previously confirmed that the Company will be admitted to the ASX
subject to certain conditions. The Company will meet the conditions as
outlined in the NZX announcement of 15 December 2020, before 30 December
2020.
The Company received subscriptions for approximately NZ$3.2m (Maximum Offer
is NZ$2m), with both the Australian and the New Zealand pools being
oversubscribed. The Company will add a further 375 new Australian
shareholders to the register, bringing the total number of Australian
shareholders to 435. Due to the structure of the raising, New Zealand
applicants will unfortunately be scaled back by approximately 65%.
In total the Company will issue 28,571,428 new shares at NZ$0.07 (A$0.065)
each. This will bring the total issued capital to 360,966,253 fully paid
ordinary shares.
The Company was assisted by CM Partners in New Zealand and OnMarket in
Australia in this capital raise.
As outlined in the PDS the Company, through its share registry Link Market
Services will complete the share allocations and refunds, where appropriate,
before 30 December 2020.
The dual listing on the ASX is anticipated to be 6 January 2021.
Chairman Tony Ho commented, "we are delighted with the strong support that we
have received from new investors and existing shareholders. We are pleased
to welcome our 375 new Australian shareholders on our Australian share
register. We look forward to communicating with you through the NZX and ASX
as we continue to build the business in 2021".
-ENDS-
Bugger, scaled back 65%......significantly OVERSUBSCRIBED. Why am I not surprised?.......a company about to seriously go places with a product/device over 20 yrs in the development that will be in high demand by maybe a third of the female world population. I only see a bright future for TRUSCREEN regardless of their shaky start a long time ago. GLTAH
Got Plexure at 13.6% ratio. A bit smarter this time not put a lot money in. ;)
Hope I can get some... :(
Too bad... I only get 20% of what I subscribed for the new shares... :(
Would it be fair to say that this is a crappy company that has been around for a long time and has no hope of ever making a profit?
For all that I know ,yes Biscuit. I wonder why it even exists???
I'm surprised the share price has gone up a decent percentage since the share offer was announced.
TRU is a small holding for me but a 25% profit is something I wasn't expecting just yet and who knows, it may well drop again although I won't lose any sleep if it does.
I do laugh when people get wound up about these "rinse and repeat" companies ‐ especially whatsup. I've done enough research to make up my own mind and am happily invested. I wouldn't personally have TRU as a major holding but others might and could very well be done much better (or worse) than my gains
TRU up as much as 40%,congrats,hope u dont need happy pills to enjoy it🤓
Another 20% up today
Make that 37% up now
Someone's ramping. Get ready for the plunge and the nzx warning.