Ann: Issue of Shares - Appendix 3B and Cleansing Notice, page-3

Nah, it must be a typo. I think they are one decimal place out with that issue. Given they just declined to swap shares for expenses at the current share price which would have causes serious dilution. They couldn't possibly then do a deal at a third of that price. Would imply the directors are being somewhat tricky in their actions and bring on an asic inquiry. But then, the move into diamonds is also totally wacko so any thing is possible. Think I'll be reporting them to the police if their announcement is correct regarding the placement price.