PCK 11.1% 4.0¢ painchek ltd

History in the making, page-11

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    Yes you're correct, thanks. The free float excludes what the Prospectus called "consideration shares" issued to the founders + Curtin Uni, of which there are 213 million, and escrowed until October 2018. Existing MNQ shareholders had 170 million, and new capital raised from 288 million shares, gives 170 + 288 = 458 million free float.
 
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