Ann: Corio Bay Dairy Group Update, page-67

You must be a beginner in the stock market. This is the last time I do your homework for you.

Here’s the announcement from WHA when they did the capital raise for the CBDG venture - i have taken the important part. The 4C only tells the story for the next quarter expenses.

The Entitlement Offer raised a total of $33.9 million and together with the commitments from institutional investors to subscribe for approximately $20.0 million (Placement), results in a total equity capital raising of $53.9 million. Settlement of the Entitlement Offer and Placement are expected to occur on Thursday, 14 June 2018, with the new shares issued expected to commence trading on ASX on Monday, 18 June 2018.Funds raised from the Entitlement Offer and Placement, together with the loan facility secured with Prospere Advisor Limited (Prospere) as announced on 21 May 2018, fully funds WHA’s obligations under the CBDG Joint Venture.