ATH 16.7% 0.5¢ alterity therapeutics limited

Hi all,wondering if someone can help me out?I'm just doing a bit...

  1. 247 Posts.
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    Hi all,

    wondering if someone can help me out?

    I'm just doing a bit of dd on your company and was trying to work out where the almost monthly 3b notices issuing new shares are coming from?

    The last notice says in the purpose of issue:
    - To fund the company's current clinical development, research programs and working capital.
    - This is an ongoing placement- More tranches will be issued in the future.

    What's this ongoing placement?
    I've been searching through the old announcements but I've only found one-off private placements, the SPP last year and the ATM facility with the US company.

    Any info you can offer would be greatly appreciated.
    Cheers, and congrats on the success so far.
    OP
 
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