FAU 0.00% 0.2¢ first au limited

Ann: Trading Halt, page-16

  1. 3,075 Posts.
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    Any opinions on this capital raising? I think price is okay but giving free option for every 2 shares subscripted on same terms that was issued 6 months ago but you have to remember investor paid point 5 of cent for option. Now trading point 4 of cent. I don't think this good look I guess that need shareholder approval but those who just hold option will have no say.
    https://hotcopper.com.au/data/attachments/3682/3682325-968999dd1fb4d33f5dfa60229339e9b4.jpg
 
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