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Cursory glance through the annual report Looks like one of the...

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    Cursory glance through the annual report

    Looks like one of the new shareholders is going to take up their current placement plus and extra $4.5m in the upcoming capital raising.

    On page 79 it uses a multiplier of 18x the current capital amount to convert to Jdc shares, this could be an insight into the current valuations being used for Jdc.
 
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