Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-104

Riglife, it seems you are still not able to comprehend the Flow Through system. If shares are issued by WR1 at $4.18 then that's the price received for them. What happens after that is irrelevant. Think of it this way: imagine I had bought all those FT shares for myself and paid the company $4.18 per share. Because I'm a nice guy and quite rich I then decide to sell them on privately to a few friends for $2. That's a great deal for them if the SP stays well above $2 but a big loss for me and me alone. However, I'm a Canadian and able to access a tax arrangement that passes my loss onto all Canadians. But as far as other WR1 shareholders are concerned it all good - they were paid $4.18 for them.