Hey Oceanview, say what you like but the board of directors, stitched up their own shareholders by selling 125 million of shares to non-shareholders at a 15 percent discount. They hit the low-hanging fruit. They were most likely working on doing this for the past 3 months with the underwriters whilst paying for the glowing report with the influencer SH to get the share price to 130. Meanwhile, unbeknown to new holders, they were paying 110 to 130 . The bottom line is they screwed their own shereholders or did the 125 mills just fall out of the sky? So in your analysis, it's tough titties for all those shareholders who paid over 110. They were dupped & stitched up - that's where the 125 mills came from. Anyway, I know this is about greed & acquisitiveness and one can justify anything with those motivations. Deception bordering on fraud
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- Ann: Completion of Fully Underwritten A$125 million Placement
Ann: Completion of Fully Underwritten A$125 million Placement, page-44
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