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Ann: Placement and Rights Issue to raise up to approx $4.62M, page-24

  1. 1,091 Posts.
    lightbulb Created with Sketch. 123
    Its normally arranged as 5-day vwap.

    They couldn't have just used last price.

    I'm guessing they had no other choice, my calculations have them broke by end of month without the raise.
 
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