re: for nowwhere man - ewl
Bit disappointed that they are issuing more scrip, but happy with the way it's being handled.
Pro-rata issue to existing shareholders and management underwriting the thing, means no new 'opportunistic' (here today, gone tomorrow) money enters the game.
Michael obviously has his beady eye on something new and so couldn't wait for the Iridium denoument later in the year.
I'll certainly be taking up my entitlement!!!
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