:-(
raised 13,7 mio shares @ 0,37 and 11 mio shares @ 0,22 effectively 24,7 mio shares @ 0,303 A$.
Share price dropped exactly to that level. If we have 152 mio shares (including SPP) we have fd m/c of 45 mio A$ now.
Good for investors which want to buy now. Bad for existing holders.
The only way out here is to offer a SPP with a maximum price of 0,22 A$.
Pisa_