RE: my stalker3 Nov 2018 10:44
''I was wrong in my assumption RI shares would placed below 1p RI price,
though not wrong that they could be “at the discretion of the bod”.''
I do not see any reference in that RNS to varying the price at the discretion of the BOD as your posts suggests,
Have you deliberately, knowingly and willfully fibbed,? you do have a track record
Or you have difficulty in understanding the RNS?
''The Company reserves the right to place any shortfall shares that are not taken up by existing shareholders at the discretion of the Directors
Assuming all entitlements are taken up under the Offer, the Company will issue approximately 795 million new shares, resulting in a total of approximately 6,366 million shares on issue.
Indicative Timetable
The proposed timetable for the Offer is set out below. The dates are indicative only and the Company reserves the right to vary the dates, including the right to extend the closing date.''
No mention about pricing at all being flexible at the discretion of the BOD.