SMI 3.67% $2.26 santana minerals limited

Ann: Trading Halt, page-7

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  1. 3,306 Posts.
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    One thing I don't understand is why would shareholders ok the extra share the company wants to issue if sp increase significantly?
    surely the extra shares would can be voted down and a new placement at a higher price be negotiated?
    that being said I'll be letting the board vote my shares and hope they are act in my best interest...
    interesting times ahead
 
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