NEN 0.00% 22.0¢ neon capital ltd

ann out, page-19

  1. 183 Posts.
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    I am also disappointed with the meagreness of the SPP. Given their initial targeted placement was $20m why have a second tranche of $10m for institutions, when this could have been added to the SPP, to give a more equitable distribution of shares? Once again the institutions are given preference over loyal shareholders.
    I will certainly be voting against the second tranche at the upcoming meeting.
 
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