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3.9¢ g medical innovations holdings limited

Ann: PRIZMA Sponsorship with Royal Australian College of GPs, page-68

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$tockfella

3,151 Posts.

1293

13/05/20

20:06

Post #: 44604661
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Originally posted by lakota6: ↑

Ok , my last post on this point.

I have been told that there were no shares issued at 7 cents , only a combination of shares issued to each applicant , a portion at 8.5 and a portion at 4.2 cents , which averaged out at 7 cents ...which is very different to issuing them at 7 cents each.

The ASX announcement backs up what I was told , as does the trading of the last few days ..i think it was you that said why bother for a 20% gain , when , if the applicants got a portion at the lower 4.2 cents , the gains are much , much higher , which explains the volume being sold down.

This is what HC should actually be about , robust discussion on important , pertinent matters.

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Still does not explain that no shares were issued at 4.2cents. All shares were issued at 7cents. The CR was offered and completed at 7cents. Case closed.

GMV Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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