The board is pleased to advise that shareholders have made entitlement applications for 179,571,950 shares
and also applied for 128,557,069 additional shares, a total of 308,129,019 shares.
The total amount received from shareholders was $5,238,193.
The Entitlement Offer was for a total of $4,488,576.
Just curious how do one do one applied for additional shares outside the entitlement? Thought it was a 1:7 offer meaning if i had 7 million shares on hand i am only entitled to apply for another 1 million shares as per the SPP documents sent to me.
Enlighten me if you can guys. Thanks
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- Ann: Entitlement Issue Take Up
Ann: Entitlement Issue Take Up , page-15
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