if everyone subscribed to their allocation, there is no real dilution in your holding, just a drop in share price.. Its unfortunate but honestly, its a fair way to get 43m dollars. As for the price sitting at 8c, that's ridiculous, TERP should have been 15c so at least lets get this out of the way, get breakeven cash and get back to 15c!
My question is, what price did they issue the 20m at!? it better be the same deal we got or else there is some serious breaches in claiming this as short-fall against the existing entitlement issue.
Agree - Substantial notification coming through on multiple fronts.. any one of which is interesting will add to getting us back to something realistic
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