Will it go back to 7 cents again this year?, page-11

In consideration of MACA providing Blackham with the Working Capital Facility, Blackham has agreed to issue MACAwith 265 million ordinary shares in Blackham at the 5-day volume weighted average price as at the close of trade on14 June 2019. This allotment will increase MACA’s shareholding in Blackham to 19.33%, providing increasedalignment between Blackham and MACA to continually improve production and provide a stable platform forBlackham’s transition to sulphide production in 2020. No interest is payable on the Working Capital Facility. Theshares to be issued to MACA will be issued pursuant to Blackham’s available capacity under ASX Listing Rule 7.1.

MACA increases its BLK holding to 19.33%..... Does MACA know something we don't know?
DYOR