this will take total shares to over 2.5 billion
A 100 for 1 consolidation after the rights will make the Hangover people feel rich ... and the 2.5 cents will then be a real bargain ..... see its all about perception .... not deception
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this will take total shares to over 2.5 billion
A 100 for 1 consolidation after the rights will make the Hangover people feel rich ... and the 2.5 cents will then be a real bargain ..... see its all about perception .... not deception
Haha you really have to laugh at this carry on. The fact that it is 50% underwritten gives it some hope of success. Still getting even 50% subscriptions will be a mission. How much capital do they need to survive? because I have to say this is the most destined to fail capital raising I have ever seen.
Mark and Eric must be choking on their beer as they line up the deck chairs around the poolside in Hawaii
You will all enjoy Chalkie's article in this morning's Press.I could not find it on stuff website,but no doubt it will appear.
Here ya go:
Time for Hanover investors to get angry
http://www.stuff.co.nz/business/opin...s-to-get-angry
I will try to give you the link,if it does not work go to www.stuff.co.nz then enter Chaklie in search.
Here goes with link http://www.stuff.co.nz/business/.../...s-to-get-angry
Sorry just tried the link, did not work,but Chalkie in search did.
So the Trustees of Allied Nationwide reckon they are in breach of one of their covenants with one of their financial rations out of kilter. The company has withdrawn its Prospectus at this vital cash raising time and has 14 days to satisfy the Trustees. Not a great look when ALF has gone to market looking for more cash. The end of August is going to be interesting in so many ways.