FGF 0.00% 18.0¢ first growth funds limited

my interpretation of what the company said on 1 March (copied)...

  1. 4,382 Posts.
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    my interpretation of what the company said on 1 March (copied) below is that BCG did not and is no longer required to subscribe for any of the options, so I don't think that is something the market is waiting for, but I might be wrong in my reading of it.

    'As announced on 2 January 2018, Blockchain Global Limited agreed to underwrite the exercise of 50% of the Series B and Series C options on issue as at 31 December 2017 (being a total of 217,307,099 options). As a total of 277,612,938 options were exercised (being more than 50% of those on issue as at 31 December 2017), no further shares were required to be subscribed for by Blockchain Global Limited pursuant to the underwriting arrangements. '
 
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Currently unlisted public company.

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