Can anyone comment on what these deferred shares mean? Are we...

  1. 2,871 Posts.
    Can anyone comment on what these deferred shares mean? Are we effectively reducing the value of all shares of the company or just those in the placement? I just read the announcement again and it doesn't sound like a normal placement. Actually it doesn't read too well at all the more I read it.

    Will this placement heavily reduce the net worth of this company? Will our shares be converted to deferred shares?
 
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