"$2.4 million share capital raising through a share placement to sophisticated and professional investors, expected to be completed in September 2016. As at the date of this report, $2.05 million in cash has been received with the balance applied towards transaction fees taken in lieu of cash.
"1,515,023 options were issued to lead managers of the placement as part payment of their fees."
So $350k worth of shares plus free attaching option, plus 1.5m options?
Somebody is getting a good deal.
"$2.4 million share capital raising through a share placement to...
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $25.77M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $39.59K | 1.911M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1928127 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 594444 | 2 |
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| UNT (ASX) Chart |