INPP open offer
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International Public Partnerships Ltd have launched an open offer, giving shareholders the right to subscribe to new shares in the company at the ratio of 1 new share(s) for every 12 share(s) held, at a subscription price of GBP 15.95 per share.
Surely, this should read "at a subscription price of GBP 1.595 per share", or is the offer really at a 900% premium to the current quoted share price?
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