FRX 12.5% 0.9¢ flexiroam limited

They probably raised as much as they could have at the 18%...

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  1. 181 Posts.
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    They probably raised as much as they could have at the 18% premium last time, so they took that opportunity.

    Rather than holding off and doing a much larger raise later on (now) at what may or may not have been at a lower share price.

    It's very well done I think, obviously assuming that this one is a standard raise of around $3-5mil.
 
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