MDC medlab clinical limited
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Ann: Trading Halt, page-9

  1. dontfollowme
    2,171 Posts.
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    14/12/19
    15:11
    Post #: 41969454
    I take it that "placement" means they already have a party to take the new issue so not offered to all holders. either a new investor or the ol "sofisticated" holder insto type. Meaning we all get diluted and the new shares are issued/cash taken at a discount to current market pricing.
    MDC Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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