ALA 3.13% 16.5¢ arovella therapeutics limited

What just happened to the SP, page-11

  1. 440 Posts.
    lightbulb Created with Sketch. 45
    If they raise 15% (avoiding SH approval) there will be circa 1.4B shares on issue post CR (if there is a CR). If you recall the Bergen arrangement, share-issues were setup as a facility and drawn when required. So depending on what funding arrangement is decided upon it may only be incremental draw-down. DYOR
 
watchlist Created with Sketch. Add ALA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.