BBX 0.00% 24.0¢ bbx minerals limited

"As such, the Offer will have an effect on the Company’s...

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  1. 23,765 Posts.
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    "As such, the Offer will have an effect on the Company’s financial position, being receipt of funds of $175 less costs of preparing the Prospectus of approximately $5,000."

    Please explain as this at first look , seems a poor use of money .
 
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Currently unlisted public company.

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