CEO 0.00% 4.2¢ c @ limited

capital raising, page-3

  1. 2,267 Posts.
    From the last announcement-

    "the issue price will be not less than 80% of the average market price for shares calculated over the 5 days on which sales in the Shares are recorded before the day on which the issue is made or, if there is a prospectus, over the last 5 days on which sales in the securities were recorded before the date the prospectus is signed;"

    Prospectus is going to be released on the 7th of November so the issue price should be known by close of business on Friday.

    Its pretty clear if you read it properly.

    At this stage it will be below 5c. Well done management for striking while the irons hot!!

 
watchlist Created with Sketch. Add CEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.