d_crome,
Passing that resolution does allow RWD directors to place the stock fairly quickly in the new financial year without need for a meeting because they already have prior approval. This is pretty standard practice & good management when companies know they will be raising funds in the coming 12 months. No price has been placed on this placement only gaining formal approval for process.
Regards
Buffett
PS No investment advice given on RWD.
d_crome,Passing that resolution does allow RWD directors to...
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