PAR 0.00% 34.5¢ paradigm biopharmaceuticals limited..

'Shocking Result' - that's going a bit far....

  1. 1,976 Posts.
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    'Shocking Result' - that's going a bit far.

    It's very normal for an offer to not be taken up be all.

    I didn't take the offer. I bought my allocation, and more, on market for $1.51. It was more convenient, easier, and I got the shares immediately, all for a low brokerage cost. It also avoided any chance of the registry stuffing up, avoiding a bank transfer, delays etc etc.

    Also, people just may not have had the money or are content with their quantity of holdings already held.

    Simple reasons really. I'm sure I'm not alone.
 
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