Forward Thinking29 Jan 2026 09:28
Yup thats forward thinking ...
BNL board has discretion to place the remaining shortfall shares with investors (e.g., institutional or sophisticated buyers) over the next three months, at a price no lower than A$0.005 per share. This is a standard follow-up for undersubscribed rights issues and could still secure the full amount without dilution beyond the original terms.
BNL CR puts em in a wash and rinse. Historically companies bullish news are pushed out to when new shares start trading, BNL February 2nd. So expect a RNS within the next 10 days at the very latest ...
We think early February HE1 time to shine β¨οΈ