OVT 6.25% 1.5¢ ovanti limited

Technical question from LT holders of IOU,The company had...

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    Technical question from LT holders of IOU,
    The company had approval for the issue of securities up to 10% of issued capital, so that should've been 45m shares or $31m worth of shares (if you take MC). So how did they go ahead with the issue of 100m shares?
 
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