Mac Equities are taking cash not shares - they're in this for a quick buck and that's all.
Zero institutional or new money coming into Rewards lowest priced raising completed in 10+ years. If this is a world class project like you lot think, you're the only ones that can see it.
Back into your own pockets to fund Ruane's toy thing, or prepare to be diluted into oblivion. Ruane will enjoy is $60k underwriting fee and interest on his loan.
Ann: Prospectus for Non-Renounceable Pro-Rata Rights Issue, page-25
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