MEL 0.00% 0.5¢ metgasco ltd

Ann: Share Purchase Plan Opens , page-3

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    Also goes to show that the SPP was definitely not some afterthought brought about by shareholders rage. For anyone that was doubting that there is a plan here; I think the size of this will help allay those fears.

    Yep, not the best price, but would they raise this much whilst still giving holders the opportunity if they had done it at a price that was higher than what you could buy them on market a few days ago? Forest and the trees potentially.
 
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