ADO 0.00% 2.1¢ anteotech ltd

Ann: Share Purchase Plan Extension of Closing Date, page-53

  1. 8,883 Posts.
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    I don't know about other's spreads as far as readdies go, trusts, super or Swiss bank accounts. But $60K is not insignificant, as is Potentially $1.4M. from the SPP. I think the non-listing of the Options was a deterrent to folk as they have to be converted to be realised. Those planning to trade them on the back of a rise in the SP were thwarted, the SP has to be above $0.065 for Options to work. A big plus of this is the Registry work will be minimised. $700k & potentially $1.4M was a market bonus Anteotech, & Shareholders benefit in addition to the Soph & Institutional Capital Raise.

    Now, these Funds need to be put to purpose - commercialisation of Anteo Energy.
 
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