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797 Posts.
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25/05/10
11:20
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It seems to be the modus operandi of Martin Place Securities.
A similar offer was made for Biotron (BIT).
Some big questions on the offer:-
It makes no mention of whether the directors intend to take up their entitlements.
The offer is only to AU & NZ shareholders - what is the status of the large Chinese shareholder
*if* they are successful in getting a lot of the options exercised this year, what will they do with the additional funds raised?
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