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FNP freedom foods group limited

0.17%

$5.88

Ann: FNP - Retail Offer Booklet with Investor Presentation, page-8

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brednog

64 Posts.

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23/03/18

09:34

Post #: 31970500
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Originally posted by Subs ↑

Nope, its limited to the $18 mil left. And then if retail don't take it all up it is underwritten by "Arrovest Pty Limited" (ie Perich Family), so FNP will see the full $200 mil either way.

Great result overall, may not turn out the best if you really, really, really wanted the extra shares at $4.80, especially the way the share price is holding up, but I'm not complaining, Ive seen far worse CR's before, lol.

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I still don't get what happens though if more than $18M is raised from the retail shareholders? Will they just take the capital and issue more shares? Or will our entitlement be paired back?

FNP Price at posting: $5.19 Sentiment: Buy Disclosure: Held
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Ann: FNP - Retail Offer Booklet with Investor Presentation, page-8

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