SKG skynetglobal limited

100 million shares at 40c

  1. 8,265 Posts.
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    100 million shares will be added to the share register working on 40c per share for the placement to raise $20m


    Plus $20 million worth of shares to be paid to Orion for consideration.

    Now that is a major dilution to existing shareholders.

    all this to acquire a business which will nett $2m.

 
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