Windflow Technology Renounceable Rights Issue
Unexpectedly High Interest In Windflow Technology Renounceable Rights Issue
Windflow Technology reports that unexpectedly high numbers of interested investors have attended the series of presentations held around the country highlighting the company's progress and its renounceable Rights Issue.
"Numbers of attendees have far exceeded our expectations," says Geoff Henderson, CEO, Windflow Technology Ltd, "The steady movement of Rights and Shares that is occurring as a result, gives us increasing confidence of reaching our goal of $5.5 million."
Prospective investor interest in the company is being reflected in the enthusiasm shown at the presentations with at least twice as much time being spent on questions and answers as the actual presentation, Mr Henderson said.
"Our larger shareholders are re-investing in the company, and significant parcels of rights have been traded to enable others to buy shares."
Windflow rights ends on Wednesday, 27th August, and the
rights must be exercised on or before Friday, 29th August.