AFT Pharmaceuticals

[tango]

Yes but I won't put in much as I am expecting scaling so I will invest what I think I am likely to get.

[Poverty]

How much do you think it will get scaled?

[macduffy]

Who knows? The company's founders still dominate the register despite the recent sell-down. Whether or not there are sufficient other shareholders, sufficiently enthusiastic about the issue, is the question. On the other hand, it's not a very big issue and there is still a healthy discount from the market price.

[tango]

It's a healthy discount from the market price but a lot more than I paid for my original shares so I won't be going overboard with my bid!

I think a lot of people are running out of money with all the SPP around so it probably may not be hugely oversubscribed???

[MarineSalvage]

Really interested to see what the level of scaling is... still a week to wait I guess

[tango]

Anyone else jumping in? The share price is dropping and I am beginning to wonder if it will dip below the offer price!

[tango]

Anyone else jumping in? The share price is dropping and I am beginning to wonder if it will dip below the offer price!

[trader_jackson]

Directors are jumping in (buying on market)...
David Flacks - Chairman - spent $77k at $3.87 to increased the number of AFT shares he holds by 14% to 165,431
Jon Lamb - spent $47k at $3.85 to increase the number of AFT shares he holds by 6% to 220,077
Not sure if they'll also be participating in SPP or not... but regardless, clearly keen to hoover up shares at sub $4.

AFT didn't even put out an NZX announcement late last week to kindly remind everyone that the SPP was closing on Friday 26th June...

Hard not to have confidence in AFT really!

SPP allocations should be known Wednesday next week.

[janner]

[QUOTE=trader_jackson;825352
AFT didn't even put out an NZX announcement late last week to kindly remind everyone that the SPP was closing on Friday 26th June...[/QUOTE]

Do not think they really needed to.

A tad over 530000 shares being offered to just over 900 share holders.

[MarineSalvage]

I trust my ask doesnt get scaled back too much... have high hopes for AFT