HMC hmc capital limited

Ann: Entitlement Issue of Options Withdrawn , page-4

  1. 62 Posts.
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    Yes, in hindsight agreed luckym. Too much dilution, too complicated. And in the end they could have gotten - on later options conversion - up to $AUD54m in capital for which they had no plans.
    The lack of shareholder support is dissapointing, but in reality the shareholders probably just voted against a silly purchase plan.
 
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