capital raising, page-42

Plus some more in a further placement:

"As set out in the SPP Booklet, the directors confirm their intention to make a further placement of $1.47 million to nominees of the Underwriter, at the same issue price of 2.7 cents per share, using the Company’s placement capacity. This
brings the total gross amount raised to $6.47 million."
_________

And then the potential placement to for LG to move to 19.9%.

I am wondering if CBA would prefer more money in the kitty, so UML could, as it is able to do at its own election, give MOL shares instead of cash. The more financially stable UML is, and with rising POG, the more chance it has of the loan for Dargues. Just imo.