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Yes they can, they did it last time, just prior the entitlement...

  1. lateral5
    3,315 Posts.
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    08/10/16
    09:24
    Post #: 19714127
    Yes they can, they did it last time, just prior the entitlement offer. Check Ann dated 15 June 2016

    They use the 20/12 exemption under S708 of Corp Act.
    ICG Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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