MAY 3.57% 2.7¢ melbana energy limited

Ann: Share Placement - amended, page-6

  1. 623 Posts.
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    Previous placement accrued total of 7.1A I believe,
    So all remaining from the old capacity up to max 167,422,593, + 91, 736,852 from new one just ratified a month ago which was voted for and passed ... so by my reckoning, we only have a potential 70 mm shares left for the next full year we could place without requiring new shareholder approvals..
    194mm shares issued and issues acutely scaled back, from what I have been told they could have placed double that qty with the take up offers.
 
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