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trading halt, page-17

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    I think we can expect the placement to be < 0.8c. My thoughts are that if they have already raised the $$$ then there would have had to have been a compelling reason for investors to buy in through a placement vs on-market (unless we're talking squillions)....So generally this means a good discount on the SP. Whilst dilution of shares is not always good...BRD needs $$$ to keep on track, and if it all comes to fruition, it's all good.
 
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