Thanks for your reply, I have pasted below from recent company announcement.
NOVONIX Limited (ASX:NVX) (“NOVONIX” of “the Company”refers to the equity raising announced on 27 May 2020, which included an institutional placement to raise $5.65 million and an entitlement offer to raise approximately $37.91 million. The Company is pleased to advise the results of the Retail Entitlement offer.
(Institutional placement to raise $5.65 million, roughly 1.9M shares), is that for new holders?
(Entitlement offer to raise approximately $37.91 million', roughly 130M shares), is that for current shareholders?
Howie
massive dump tomorrow!, page-19
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