this is incorrect. record date for the placement, the upcoming one was today. Thats why the share price fell. Its tied to the right to buy not when they're issued.
a failed phase 2 result will also absolutely sink the share price.
Angermeyer has underwritten the 14.5 cent offer at 6
cents. His interests diverged from retail investors interests today.
Bill this was a bad post.
Ann: Proposed issue of Securities - BNO, page-8
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