MRM 0.00% 33.0¢ mma offshore limited

MMA Offshore recap $100m deal, page-14

  1. 28 Posts.
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    Also bit sneaky to get around the max 15% annual issue placements by doubling the amount of shares from the 1:1, and issuing the 15% for institutional. In effect for the time of AGM, they are issuing 30% of the current shares available.

    Not sure if that's actually legal...
 
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