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2.38% 41.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-95

  1. Lefevre
    9,800 Posts.
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    03/12/20
    16:34
    Post #: 49326253
    Its up to the underwriter/Elsight to allocate the shortfall at their discretion.

    I would imagine that existing shareholders would get priority.

    Its also a good opportunity for Elsight to allocate stock to new bigger investors who may add value to the share price.
    ELS Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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