RMG 0.00% 0.7¢ rmg limited

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  1. 6,975 Posts.
    Alpha,

    Having a rights issue - one option for every two shares for 2c. Can convert to FPO's for 3c. Goes ex rights 15/9. Seems an odd way to raise funds, fr example could have gone two FPO's for three at 3c. There must be a technical reason or some play in the background that is not immediately evident.

 
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Currently unlisted public company.

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