PZC pan asia corporation limited

Ann: Non-renounceable fully underwritten rights issue, page-4

  1. 242 Posts.
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    If the TCM sale was looking like it will eventuate, why then would you double the shares on issue at .002?
    Wouldn't it be in your shareholders interest to get the sale done, then pay debts and go from there with $6 mil in the kitty.
 
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