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09/02/23
10:38
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Originally posted by Desolutionary:
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No don't twist my words. Not disputing any past purchases and I know he hasn't sold any. I purely talking about this purchase. He took an opportunity and had to get special shareholder approval to buy them - he was not entitled to them at 14c . If he bought on market AFTER the CR as well would say that is a sign of confidence, but picking up a few cheapies in a CR isn't anything special. It was just a good opportunity for him , don't try to make more of it. They should have done a SPP with the last CR. Very disappointed they didn't - we were told no more CRs so having them giving cheap shares out with no chance for retail to get in left a bad taste. Obviously I understand why the funds were required etc, my beef is that we didn't get the option to buy directly as well.
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No intention on my part at all Wording is always hard to communicate, so apologise for that It's disappointing to not get a seat at the purchase table agreed, but opportunity comes about in different ways. Play on