RNE 25.0% 0.2¢ renu energy limited

appendix 3b

  1. 33 Posts.
    Did GDY just issue stocks to a consulting company at an 81% premium!!! (1.63 per share), seems a bit odd to me that a company would accept that unless:

    1) it was agreed at a prior date (i.e Apr-06)
    2) they have alot of confidence in this stock going to 1.63.

    Any ideas???
 
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