Providence Resources - Rumours: - Why is everbody adding fuel...

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Rumours:
10:30 01/06/2017
Spuddy
0 replies 0 0

Why is everbody adding fuel to the fire. Talk of a placement is just that. If a placement were to take place it Would be in the interests of the existing Institutional Investors to do it at a much higher price and hence lower capital gains tax if shares rise thereafter on Druid drill or larger tax write offs if shares fall following Druid drill.

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