NRZ 0.00% 1.3¢ neurizer ltd

Ann: Application for quotation of securities - NRZ, page-23

  1. 2,175 Posts.
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    I'm still confused mate. NRZ has cash in the bank. My understanding of the arrangement with EECP is that there has always been an option for NRZ to repay EECP in cash instead of issuing script. NRZ could have avoided a 33% haircut to MC with a proportionally small payout.
 
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