Found it, sure they might sell some on not a big deal. Considering they paid 0.005 per share… I doubt they’d want to move many on though
“The Company intends to place some or all of the remaining 333,411,363 Shortfall Shares and 166,705,682 New Options within three months after the Closing Date of the Offer on the same terms as the Offer. In the event the Company decides to issue these Shortfall Shares it intends to place them with Eligible Shareholders and new potential strategic shareholders who are clients of Sixty-Two Capital and who are interested in a medium to long term investment in the Company and otherwise in accordance with the Shortfall allocation policy as stated in the Supplementary Prospectus released on 11 October 2024.”
MMR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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