NOR 0.00% 3.8¢ norwood systems limited

Ann: Capital Raising, page-11

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  1. 5,020 Posts.
    lightbulb Created with Sketch. 166
    There are exceptions for equitable entitlement offers, of which this is one.

    So the 15% and other limits don't apply from my understanding. Hence you sometimes see 1:1 type offers, where shareholders are crunched, but have the same chance to double down as 708's if they so desire.
 
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