EAR 0.75% 33.3¢ echo resources limited

If they do a renounceable rights issue it makes little...

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  1. 932 Posts.
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    If they do a renounceable rights issue it makes little difference. The issue arises when they do a placement to the big end and dilute smaller interests at discounted prices. Then the throw you a small bone of $15k and then worse, scale it back.

    They have made an error in leaving this hang.
 
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