The nzx announcement says trading would resume today. However, the asx announcement gives an extension to 3rd of april. The asx announcement also goes on to say "lead managers are subject to confidentiality obligations". So i assume that they are looking at the books today and this placement isn't "in the bag" and is subject to further due diligence.
Interesting times.
yes . All should be well with the chairmans connections coming to the party?
The NZX announcement says trading would resume today. However, the ASX announcement gives an extension to 3rd of April. The ASX announcement also goes on to say "Lead Managers are subject to confidentiality obligations". So I assume that they are looking at the books today and this placement isn't "in the bag" and is subject to further due diligence.
Interesting times.
They just put an announcement re placement being done, should start trading soon.
I see the sharesies suckers are all lining up to buy at 72 cents. Crazy, they have no clue some of them. I see them on FB thinking the SP will go to TERP as if its some magical formula. Unfortunately a lot are going to get some rude awakenings. There were 382 orders at 72 before someone took a lot out just now.
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