PVE 7.69% 3.6¢ po valley energy limited

Ann: $1.75m Renounceable Pro-Rata Rights Issue, page-4

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  1. 783 Posts.
    lightbulb Created with Sketch. 6
    while on its face the offer seems fair as it is a rights issue, this is basicly a move to privatise the company by the major shareholders at a steep discount since a lot of shareholders presumably wont take up their entitlement.
 
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