A fact to consider in relation to management taking part in the raising. I believe it’s against the law to take part if they’re aware of any price sensitive information. Correct me if I’m wrong but I believe if a director takes part in a raising they’re not allowed to release a price sensitive announcement for 3 months.
A great deal of relevance if you see where I’m going with this..
Ann: Capital Raising Update and Requotation Date Extended, page-35
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