They will issue shares only when they use the facility and shares price will be set at prevailing sp. So if the price goes to 10c and VMS then uses $2mill of the facility, 20 mill shares will be issued.
Good deal for us it would seem
Ann: Acuity Capital Facility and Appendix 2A, page-25
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1.8¢ |
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Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4601066 | 1.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3385444 | 4 |
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