Post by
Easternhope on Oct 24, 2016 11:35am
Placement ???
Why are we waiting?
The last announcement implied the 45c price was set and the original placement was moving forward.
How complicated is this or should we be worrying?
Comment by
Super_Cycle on Oct 24, 2016 11:43pm
This is getting a bit ridiculous. My assumption is they are going to announce the deal has closed. That said, hopefully their financial advisors will advise them that it isn't necessary to halt trading every time you make an announcement.
Comment by
Easternhope on Nov 07, 2016 8:18pm
I'm struggling here. A market placement is announced. Price is announced. Then the placement is terminated and insiders / major shareholders take up a new placement at a lower price. There is no explanation. Very strange. There are no new investors. Was the managements' representation about market appetite therefore false? emmm.
Comment by
Empire82 on Nov 22, 2016 9:13pm
Not sure, all I know is that out of those 132 million shares, over 92 million of them were taken by Tyrus Capital alone. Now with over 200 million shares outstanding, there are very few shares that are free trading on the market. I have been buying more as I feel as this will be a rocket ship one day
Comment by
thedave2006 on Oct 28, 2016 10:04pm
80M according to sources at Reuters.