ASM 2.13% 92.0¢ australian strategic materials limited

Ann: A$15M Placement completed and Entitlement Offer Undertaken, page-3

  1. 2,339 Posts.
    lightbulb Created with Sketch. 1173
    The other big issue is that existing shareholders only get to take up 1 new share (and attached option) for every 40 currently held.

    This means most retail holders wont be able to take advantage of this to any material degree.
 
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