I have bought my self into the top 10 shareholder and now I am disappointing to build more
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I have bought my self into the top 10 shareholder and now I am disappointing to build more
Hold fast there NQ. These are exciting times. I contend ALF have issued nothing but good announcements over the past many years.
No point in drawing any major conclusions just yet. If ALF want to use the money to buy out some/all of NZFL then I would support that.
A few months is nothing in the scheme of things really.
I don’t think they will buy out NZFL. It is part of the plan to gives shares to the agents
That is why I bought in during the last year it is really undervalued
The company has been making excellent progress.
I would very much doubt the board would be raising capital, unless they had something worthwhile in mind.
I look forward to finding out what that is.
However, I hate SPPs and much prefer rights issues.
If ALF want to raise $1.5 million and the offer is set right, then irrespective of the share price, the amount you will need to come up with to retain your %age ownership will be the number of shares you hold divided by 161.5 million issued shares x $1.5 million dollars. The $/share you pay is not in the equation.
Yes same here,$15,000.
They often have the right to scale applications.
Those holders with large holdings get more;
.ie. a shareholder who holds 2,000 shares who applies for $15,000 worth may get none,while
a shareholder who holds 500,000 + shares will most probably get their whole $15,000 worth.