Providence Resources Forum

Cantor couldn't even get shares in issue or market cap right!

Over three million shares being brought today at 12 pence. I am guessing that is some sort of carryover from the placing.

[link]

Hopefully things will work out for us this time round: [link]

Will be interesting to see who it is that brought $15 million worth of shares. Hopefully it is someone high profile which would help out the share price in the near term.

I presume that is someone buying them in trust for the O'Reilly's

On Providence Website document results of EGM Says largest placer subscribed for 15m dollars in shares

Now company achieved what they wanted I.e dilution

Hello Spuddy, who said 15m dollars of shares been brought by one placee, looks to me oreily sponsored ventured dipped in

Low take-up on offer is a good thing as mitigates dilutuon a little. Not sure why anyone would take it up when you can buy in open market for cheaper price.