RGT 4.48% 35.0¢ argent biopharma limited

Ann: Cleansing Prospectus-MXC.AX, page-7

  1. 1,377 Posts.
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    That's all well and good, cleansing, etc., but this is a ridiculous waste of money for what it entails:

    After paying for the expenses of the Offer of approximately $4,000, there will be no net proceeds from the Offer. The expenses of the Offer (exceeding $1.00 raised from the proceeds of the Offer) will be met from the Company’s existing cash reserves and will not have any material effect on those reserves.
 
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