Versarien Korea Limited is the wholly owned South Korean entity formed to run the CVD graphene assets and intellectual property acquired from Hanwha Aerospace.
RE: Good news, loan repayment delayed.6 Dec 2022 22:48
The Placing is for less than 10% of the total shares and the SP has fallen by 34% even though the company’s financial situation will be strengthened. V strange.
Surely acquisitions are a priority during a recession? Do Marlowe wish to pay off debt rather than take advantage of arising opportunities? If they go for a placing, they can do both.