The placement has been cancelled. TBH, I don’t know whether it’s good or bad.
For those against the placement, FYI, I received a pretty rare full allocation, which means it’s not popular even at 62c.
SMN still needs a placement and I will pass. Expecting directors to resign and sell out their shares.
I don’t think a rights issue could raise 30m+
GLTA.
Ann: Notice of Requisition for EGM, page-85
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