Gooroo is currently raising $1m via a convertible note that will convert to ordinary PTR shares on completion. Petratherm will raise a minimum of A$3 million through a prospectus to accelerate growth.
What are the implications of the following
The total options to be issued to Taylor Collison will be equal to 2.5% of the fully diluted capital structure including ordinary and performance shares upon listing under a prospectus with an exercise price equal to a 25% premium to the capital raising price under the prospectus document with a term of 3 years post being issued.
PTR Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)