CEO will subscribe 50 million shares at $0.044 which is at PREMIUM compared to current price at $0.032. Let us have positive thoughts.
Extract from the announcement
“That subject to Resolution 6 being passed, for the purposes of Chapter 2E, section 208(1) and section 260B of the Corporations Act and ASX Listing Rule 10.14 and for all other purposes, approval be given for the Company to issue and allot up to 50,000,000 Shares at an issue price of $0.044 per Share to Dalext Pty Ltd ACN 104 170 283 (Dalext) (an entity associated with Mr Athan Lekkas) or its nominees (Lekkas Shares) under the XPE Loan Funded Share Plan, on the terms and conditions set out in the Explanatory Memorandum.”
Response From Chris Wood, page-79
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.862M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7750 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 5551 | 2 |
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