PIL 0.00% 0.8¢ peppermint innovation limited

Ann: EMI progress and $4 million placement, page-53

  1. 987 Posts.
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    I don’t think they could have done it a better way. They are rewarding loyalty from their existing shareholders rather than giving a 30% discount to new “Sophisticated investors” yes shareholders get some cheap options they will convert or sell but that’s more cash into PIL. Win win I think. I’m very happy at the moment.
 
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