Good old credit raise.
Max placement will be about 15% of ~~400 mill shares, so about 60 mill shares. Don't think the extra 10% has been approved.
Price, depends which VWAP period is used, but say it must be at least 20 cents including a discount.
If about 12 mill is banked then good result.
IMO etc
Ann.out, page-70
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15.5¢ |
Change
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Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $380.9K | 2.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1104665 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 478969 | 12 |
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