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clock Created with Sketch. 05/02/19
22:20
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Originally posted by Silent-Bubbles
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So obviously the CR has been slotted through ASX listing rule 7.1 governing the 15% limits. Most likely no shareholder participation as no prospectus or disclosure document. This makes perfect sense as any alternative would have also required the necessary timetables which which govern Shareholder issues. 1.4 The number of securities that may be issued to Shaanxi under the Anti-Dilution Right in the case of any diluting event must not be greater than the number required in order for Shaanxi to maintain its percentage holding in the issued share capital of the Company immediately before that diluting event.
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Silent-Bubbles I'm not sure if I have a good handle on this or not. but! are you saying this credit raise, will not be altering OptimiumNano share of the company because of their anti dilution clause, but effectively there will be less voting power for them due to the fact there are more votes available after the issue of more shares?
(20min delay)