SLX 0.39% $5.15 silex systems limited

Ok everyone calm down. Yes it was a poorly worded announcement...

  1. 1,405 Posts.
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    Ok everyone calm down. Yes it was a poorly worded announcement that lacked appropriate deal details however the shares do not default to $4.05 per share. Read todays clause 7f.2 issue of securities announcement and the shares will be bought/issued at higher of next few days vwap or a FLOOR of $4.05.
 
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