9 for 1 rights issue at 0.005?
So the shares on offer will go from 700 mill to 7 bill.
= CCC will get 35 mill cash injection and shareholders will be completely shafted.
How much debt does CCC have right now? Sifting through financial statements I can't find a figure.
Ann: Financing Update Underwritten Rights Issue to raise A$35.1m, page-17
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