HCL 0.00% 19.5¢ highcom limited

Ann: Notice of Annual General Meeting/Proxy Form for XTEK Ltd, page-2

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  1. 411 Posts.
    lightbulb Created with Sketch. 52
    grrrrr.... Resolution 5. Additional 10% placement capacity.

    Need to know why this is needed as we are cash rich atm. Is it reserved for acquisitions only? Opportunistic raising of cash from insto's/others? I'm inclined to vote no without further info.
 
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