GDR31 May 2024 15:18
GDR was 5.8p April now trading at placing price, took some time to drop,
OO 94% take up, after such a drop, thats high, are they expecting some goos news ?
Could be the bottom if so....
Result of the Open Offer
The Company received valid acceptances for 135,177,430 Open Offer Shares which is slightly less than the 143,141,481 Open Offer Shares that were offered to Qualifying Shareholders. As a result, all subscriptions by Qualifying Shareholders will be met in full. The level of take-up represents 94.4 per cent.