I think it will be interesting and somewhat telling to see whether the founder of M2 Vaughan Bowen chooses to exercise his entitlement at the $2.66 discounted rights issue price.
In recent years he has been decreasing his stake in the company but still holds a sizable at this time.
The extent to which he chooses to participate will be interesting - actions speak louder than words.
will vaughan bowen be taking up his rights ?
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