SAS 0.00% 1.6¢ sky and space company ltd

Ann: Financing Update $10.8m Entitlement Issue and $5m Placement, page-83

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  1. 1,197 Posts.
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    Well reading the announcement they know there is a shortfall as it reads the entitlement shortfall will be taken up by investors and institutions who have supported SAS from the beginning. How exactly this works I do not know, but obviously they know there is a shortfall and they do have a plan for it, so it seems.
 
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