re: Ann: Sino Gas secures A$29.4m Funding to ... PS Another safeguard I forgot to mention that is included in some contracts is a restriction to prevent dilution.
The company may opt to refuse to issue shares, if the price at which the Company would be issuing shares to the investor were to be lower than a specified floor price.
Once again I have no idea if SEH have such a clause in their deal and if they do you would want to be sure it wasnt set too low.
Have a read through Solimar Energys ASX announcement of the 28/2/2011 it sets out their safeguards.
Ann: Sino Gas secures A$29.4m Funding to Increase, page-14
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