SKG skynetglobal limited

skg placement

  1. 8,265 Posts.
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    SKG placement of 1.56 million shares at 24.5p or 57c a share.

    Now that is a major discount to the current share price.

    Plus a major dilution.

    History shows the market normally works its way down to the placement price.

    I still cannot understand why SKG need funs IF...i repeat IF...this Russian money was so guaranteed.

    Raises evenmore red flags.

 
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Currently unlisted public company.

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