NVA 6.82% 20.5¢ nova minerals limited

what is with the raise? we still have 15mil in the bank. is this...

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    what is with the raise? we still have 15mil in the bank. is this a poison pill by Phil to stop the shareholder group taking control? 10 mil shares issued adds 50% dilution. how do they do this without shareholders voting to approve it?
 
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