Would I be right in thinking that if MR is successful in getting his extra shares his average price will be reduced dramatically?
If this is true, then any potential future bids for the company might be accepted by MR, as he will be able to profit rather than lose.
But I will certainly be voting no on this.
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RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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