It was a brilliant move by management to stem the potential downside from Sunday’s launch failure. The share price may have gone back to 20c today without this halt. Now they will issue a cap raise around 28c which will form a base at that price instead. Either way our product will get to orbit and will make a lot of revenue. You would be nuts not participating in an SPP if it is offered to retailers.
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Ann: Proposed issue of Securities - KSS, page-15
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