Wynyard Group capital raising?

[blobbles]

Not sure you should get too excited yet, 5k shares at 88c does not make a trend!

[mayday]

Breaking new: Bombing attack at Brussels airpor.....

[golden city]

bad news for the people.., but could be good news for company like wyn

[biker]

Happy to have had my order at 83c filled today.
Could go even lower after the cash issue is all settled in a few weeks but a whiff of good news, new contracts etc should see a bounce IMO.
I see it as a better company now in a perverse way. Management have learnt a salutary lesson, we have a share price in the low 80s the IP and systems are still excellent, they have cash and there is huge potential.
Yet to be seen if this is the last cash issue as they have stated but at 83c or thereabouts, good value IMO
I also have the short term protection that if there is an early bounce I will take up my rights at 85c otherwise I will let them lapse.

Have taken up all my rights and applied for 4 times my entitlement, which I expect to be severely scaled.

[winner69]

Have taken up all my rights and applied for 4 times my entitlement, which I expect to be severely scaled.

Does todays announcement imply that ordinary shareholders wont get any more than they were entitled to even though only 75% were taken

It seems to read the shortfall is going to those who 'committed' to making it successful

[winner69]

Does todays announcement imply that ordinary shareholders wont get any more than they were entitled to even though only 75% were taken

It seems to read the shortfall is going to those who 'committed' to making it successful

If this is the case the does the last paragraph of the announcement sort of says if you feel aggrieved dont ring us

" Shareholders who have any questions about the Offer are encouraged to read the Offer Document on the Wynyard website and seek financial, investment, or other professional advice from a qualified professional adviser. "

[zigzag]

A vague and poorly worded statement IMO. Obviously Management and Board still have work to do in the communications area!
If it's all going to the 'committed', why offer over subscriptions to the hoi polloi?

I applied for extra shares, just to make it up to a round number, and I am expecting to get the full amount. That is according to my reading of the statement.

[Harvey Specter]

I applied for extra shares, just to make it up to a round number, and I am expecting to get the full amount. That is according to my reading of the statement.

Same and hoping for the full allocoation.

Give they get more from the hoi polloi, than the insto's, as a shareholder I hope we all get our allocation too.

[whatsup]

No scaling. Got the lot.

Well done Biker up on confidence again today @ .93

[BlackPeter]

Interesting article - and great opportunity for a small Australian software firm (NUIX) to promote their products:

http://hotcopper.com.au/resources/sm.../#.VwRQa6R97IU

Pity WYN didn't jump on this ... but at least now we know that there are other small players in this pond ... and some might be even more agile than WYN ...