URL 0.00% 13.5¢ universal resources limited

But why go for the placement when the CEF would deliver a price...

  1. 258 Posts.
    But why go for the placement when the CEF would deliver a price of 2.25 cents? (based on 95% lowest VWAP over the last 5 days)

    That's nearly a 25% discount and completely unacceptable

    Holders are getting screwed by management who are in it for themselves, there can't be any other explaination
 
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