TThe SPP is to fund the outgoings for the current Q.....
I believe what the article is saying is there will be AUD $8M to $16M raised by 20 Dec which will be used to fund the company’s cash requirements until 16 April 2020......when the remainder of the USD $100M is raised through sophisticated investors........
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Ann: Security Purchase Plan, page-18
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Open | High | Low | Value | Volume |
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3 | 39419 | 0.041 |
13 | 1021935 | 0.040 |
6 | 270000 | 0.039 |
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Price($) | Vol. | No. |
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0.043 | 177158 | 3 |
0.044 | 514602 | 5 |
0.045 | 292972 | 5 |
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