Don't follow, have zero ideas of company fundies or history, or price action at all, so this is what I found...
Again, I can neither confirm nor deny, as I have literally NFI.
Accuracy too is NOT guaranteed.
Best of luck to holders...
"seeking to raise up to ~A$9.5M @ 2c a share via a rights issue. Evolution Capital is looking for Underwriters. Deal is on the basis of 2 1/2 new shares for every 1 held.Offer includes a 1:2 free attaching option with exercise price of 4c".
If found incorrect at a later date, feel free to report and delete...
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