My understanding from the report is Matt will have to pay the CR price $0.028 once approved at the AGM. He has to pay for them $375000 regardless of what the price is at the the time unless not approved by shareholders which is unlikely to happen.
Ann: $2M Placement Completed, page-18
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.752M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 350000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 699139 | 2 |
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