CDY
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1.43% 7.1¢ cellmid limited

Clever "cheap" way of increasing equity without diluting other...

  1. Dentie
    1,085 Posts.
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    19/03/19
    14:32
    Post #: 37811017
    Clever "cheap" way of increasing equity without diluting other shareholdings. Represents more than a third of the register though.

    Are they expecting the SP to turn around shortly and, if so, I wonder whether they will re-issue these shares?

    If they are...then this is an understandable move.

    CDY Price at posting: 22.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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