Not trying to down ramp to get back in. I think the float of MacArthur is a very big ask. In effect Mac buyers are paying $70 mil approx to the vendors for the NT rights. Also not too sure om how the in speccie distribution works. Current price is fair value considering the sophs got free oppies and rights to Mac.
Bought a few today for a long term hold
Ann: Proposed Amendments to Secured Amortising Notes, page-17
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