TG1 6.06% 3.5¢ techgen metals ltd

Ann: Successful Capital Raise of $2m, page-6

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  1. 1,425 Posts.
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    $0.185 is a 5% reduction on current share price. That's nothing. Some companies issue capital raises at 20% discount which makes the instos sell out for a quick profit when shares are issued. This issued share price will ensure the shares are sticky.
 
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