Tradesido I think the calcs are wrong. Shouldn't it be 0.005, we...

Tradesido

I think the calcs are wrong. Shouldn't it be 0.005, we are currently trading at 0.006. Which would mean 3,000,000 shares. Who would participate in a CR at 0.05 when they're trading at 0.006. If you read the announcement it says 0.5c which is $0.005.

That would mean 1.5 mill oppies to be exercised at 2.5c if you took the Max.

Happy for someone to prove me wrong.