CPL csl finance plc
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re: Ann: Notice of Annual General Meeting/Pro... Can anybody...

  1. syscon
    78 Posts.
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    29/04/14
    23:26
    Post #: 13300185
    re: Ann: Notice of Annual General Meeting/Pro... Can anybody elaborate what are they planning on doing after passing:
    Resolution 13 – Approval of 10% Placement Facility

    It seems to me the shares will be diluted (lose value) or will be given at a discount.
    I think this is needed to obtain an additional financing, am I correct?
    CPL Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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