PC1 0.00% 0.0¢ plus connect limited

Ann: Update on Suspension and Grant of Waiver, page-6

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  1. 207 Posts.
    The Company anticipates the Annexure A Announcement will be released around 10 August 2017, and that resumption of trading of the Company’s shares will occur close to or on the same date...bit confused vs what they mention the timetable on readmission to quotation on ASX.
    Also,

    1.1. Grants a waiver from listing rule 2.1 condition 2 to the extent necessary to permit the issue price of the Capital Raising Shares issued under the Public Offer not to be at least $0.20 each on the following conditions: 1.1.1. the issue price of the Capital Raising Shares is not less than $0.02 each (“Issue Price”).

    Capital raising shares issued at least 20c and the issue price of the capital raising shares is not less than 2c??

    What are they trying to say..is the 2c suppose to be 20c? I don't really get it.
 
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Currently unlisted public company.

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