It's a good move from Dr.G due to many factors.
- Increase Liquidity
- Attract institutions
- institutions will move the SP to new highs
- Stop SP manipulation
Possible raise for this is that CFDA is coming quicker than anticipated? possibly due to corona virus? We shall find out what's in store for 2020.
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- Ann: Proposed Capital Raising & Cancellation of Con Notes
Ann: Proposed Capital Raising & Cancellation of Con Notes, page-64
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