OPL 0.00% 1.9¢ opyl limited

This apparently routine announcement includes a revelation:...

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    This apparently routine announcement includes a revelation: Opyl's latest placement - albeit for services rendered - is pitched at 4.5c.

    This represents a premium of 36pc above latest closing market price of 3.3pc.

    And it represents a premium of 50% on the preceding placement price of 3c.

    It's encouraging to see the group making a placement at a hefty premium rather than at a discomforting discount.
 
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