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clock Created with Sketch. 04/03/19
19:59
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Originally posted by DeligentINv
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The equity raising is pro-rata non-renounceable. LON has offered non-renounceable rights to shareholders to purchase more shares of the company (appears to be at a discount). A non-renounceable right is not transferable, and therefore cannot be bought or sold.
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Which means the only people selling at the moment are doing so at a considerable loss AND passing up the opportunity to buy discounted shares at 20c. Go figure.
