Cap Raise, page-8

  1. 104 Posts.
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    Morgans can't do another book build, it has to be a rights issue or placement to shareholders. You can only do 15% of market cap per year without shareholder approval.

    A tad disappointing, but I expect Chris Froome's couple of tweets cost a lot. Gotta spend money to make it, lets just hope the cap raise is fair or beneficial to current holders.

    DYOR of course.
 
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