Hi Stifler, what part do you think is BS?
Please let me know and I will place the section of the ASX announcement next to the comments to show you how I have worked out the discounts or the shares being issued price.
I am more than happy to help you out, I know you think I am misleading you, but the above is the simplified version.
It's pretty scary isn't it all the dilution and discounts that are being given to BMCG. Scarier they were the advisors to the last capital raising and didn't take up their full entitlement at 11c.
Ann: Institutional Standby Funding, page-39
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