claws
there are 2 points to the part about the 1m oppies:
1) was a deal done at 20% with someone anxiously trying to stop it with only $1m oppies
2) oppie conversion was on purpose hence y the announce was not released on friday
what i find funny is not the 2points above, but y would someone put in $200,000 in cash, if the deal was for 19.9%, if instead of 14.6m shares being issued, 14.3m or whatever was issued.
is the red herring the appendix 3b last friday ie to throw people off the 19.9% part. if that makes sense
as for ur other q's, AGM is required under Corps Act so to me its not fishy. the lack of info is worrying, but all companies do it and finally the raising might not (IMO probably not) has anything to do with actually needing cash, coz if GAU needed cash, then they would have got it from brokers, insto's etc, not a ASX/AIM listed coy coz the directors would loose control if another listed got in.
smells like a dead rat under the fridge the more i think about it
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