re: Ann: Withdrawal of Rights Issue and Reven... I've done a lot of thinking about the withdrawal of rights issue.
I'm doing some research now but I think that it was the right move because it would have been difficult to deploy the capital profitably in this market.
Although this announcement was the catalyst for the share price to re-rate down to 5c, I believe the re-rating was coming in any event.
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Ann: Withdrawal of Rights Issue and Revenue Guida, page-12
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