"Anyone still believe the $2.5M entitlement issue will be offered to us non-sophisticated shareholders?
IMO sophisticated (domestic and international institutions that participated in Trance 1) investors will have first preference"
Thats is completely at odds with my understanding Tazman.
The company will set a record date and all shareholders at that date will equally be entitled to the issue.
It will be close to a 6 for 1 issue.
All IMO of of course.
"Anyone still believe the $2.5M entitlement issue will be...
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