WIN 27.3% 2.8¢ win metals ltd

Ann: Non-renounceable Rights Issue to Raise up to $4m, page-7

  1. 553 Posts.
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    No dilution to existing shareholders if you decide to participate? Are we underwriting a loan to Widgie or how's that non dilutive SPP would work? Isn't every CR non dilutive if you participate in it? You essentially pay a certain amount to maintain your existing ownership as a %, so it's very much dilutive and adverse for your shareholder value.
 
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