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clock Created with Sketch. 28/04/20
13:37
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Originally posted by Kensation:
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An 8.2% discount for a dilution to raise market cap by 8%, so guess that does makes some sense. Not that l'm impressed by this move, During a bear market with plenty of risk for global companies going forward, characterised by withdrawn guidance.
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How do you get a raised market cap by 8%? There are 97M shares in the raise which is 17% of the current shares on issue. (564M+97M=661M)
(20min delay)