So KBL raises $425K before costs by issuing shares at 0.474c per share.
The SP today is 0.5c so they have been issues at 5% discount to market.
We have seen 100M shares dumped on the market at close to the time of the announcement.
It seems much better than the previous issuing of convertible notes.
At least they cant wash them through the market and make a profit at shareholders expense.
- Forums
- ASX - By Stock
- Ann: Appendix 3B-KBL.AX
So KBL raises $425K before costs by issuing shares at 0.474c per...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KBL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online