MSB 7.69% $1.19 mesoblast limited

Ann: Mesoblast Completes Placement and Entitlement Offer, page-23

  1. 640 Posts.
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    Col, they can't sell these shares at a premium. It was completion of a previous offer, it has to be at the same terms. To issue at a premium they would have had to wait for this to expire and then go through the process of a new raise with consequent costs, time, risk etc. This should be $36.7m with no cost.
 
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