And the winners are Danny Pavlovich, the people with the introducers fee, the underwriters, and everyone who intends taking part in the CR who managed to keep the SP down to 1.5 cents.
And the losers are the Retail SH who have lost 80 per cent plus the opportunity cost of holding since the euphoric days of 2014 when the Connect and Develop idea gave the impression that IP providers to P & G would get looked after (instead of getting shafted with soft launches and micro royalties). Retail SH are about to be diluted to smithereens for a company which targets a small market in Australia.
I thought this Welfully was going global? Very disappointed to see this new tack and will be voting NO. Can't see how it helps Paul Peros vision.
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