MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Magnis undertakes A$34 million placement, page-31

  1. 2,432 Posts.
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    So they've been working hard for a deal where they raise at a 15% discount to the last closing price + an option and only have to pay 6% ($2M) for the service. With all the money flying about now a days It seems like a really good deal for everyone except existing shareholders. I can only stomach this because Frank is a significant SH
 
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