HDR has announced that it is placing another 2.66m shares at $1.10 to WPL. The purpose is to issue is to ensure that WPL maintains its desired 10.5% shareholding. The announcement refers to a "Cooperation Agreement" between HDR and WPL that was entered into prior to the previous placement in April which is meant to be in the Entitlement Prospectus. Can anyonbe point me to this - I must have missed it????
Interesting isn't it that WPL is nestling in so close!! Any comments on thsi latest placement?
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hardman resources limited
further palcement of 2.66m shares to wpl
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