BUL 7.14% 5.2¢ blue energy limited

can someone please assist, page-8

  1. 119 Posts.
    Hey blokes

    just spoke to the CFO

    he said the max shares they can issue is 30% of the number of BUL shares currently on issue (722m)

    which would mean the max number of shares they can issue is 216m, at $.0625 = 13.5 mill raised

    he said the scale back would be proportional if it was oversubscribed

    does anyone know how may holder of BUL are out there so we can work out if we will be oversubscribed if we all take our max allocation?

    Nick
 
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