Really is that true? Sounds great.
Forget reality because its all about marketing to shareholders.
Buy now and get into the issue at 1c. before 22 June, increasing shares from 1.225 billion to 1.425billion.
Another 200mill shares at 1c for $2million CR on 22 June.
"Newzulu is currently undertaking a fully underwritten entitlement issue to raise a further $2 million (Entitlement Issue Entitlement Issue Entitlement Issue) from eligible shareholders. Pursuant to the Entitlement Issue, eligible shareholders will be able to subscribe for Shares in the Company at the same valuation as investors in the Placement. The Entitlement Issue is underwritten by Gleneagle Securities and subunderwritten by Seven West Media and Thorney. The Company reminds shareholders that the Entitlement Issue offer closes at 5:00 pm AWST on 22 June 2016"
NWZ Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
