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South Sea Investing's avatar

Interesting write up. Do you know the main reason behind why the basic average sharecount increased from 63m in 2020 to circa 69m in 2023?

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The Oak Bloke's avatar

Hi South Sea, in the 2021 Annual Report page 114 - During the year, the Company issued 6,818,182 ordinary shares of 1 penny each at 110 pence by private placement and subscriptions raising total gross proceeds of US$10.5 million

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South Sea Investing's avatar

Thanks much appreciated!

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