ORN 6.25% 1.7¢ orion minerals ltd

Ann: ORN to Raise up to $2.4m in Underwritten Entitlements Issue, page-13

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  1. 263 Posts.
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    Except, they don't appear to be attracting new buyers! That's why it is a rights issue! They have obviously struggled to raise the money, so are now doing a discounted entitlements issue, so that directors and big shareholders who have underwritten this get the shares at a cheaper price!
 
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