From the last quarterly....
Exploration and evaluation..29k spent up to 30-Jun-18 with $175k expected to be spent in Q1 18/19.
At 30-Jun-2018 they still had $3.2m left out of the $5.71M raised.
If the prospectus stated what the money would be used for and a time frame for the expenditure and the money was eventually spent on other things with out a really, really good explanation, I would assume that if someone pushed the issue they could have a problem(?)
Do you think that the prospectus was misleading?
((I am not a lawyer, nor do I work in the law industry, so the above is an opinion only)
Ann: Change in substantial holding, page-10
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Mkt cap ! $4.263M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.546K | 1.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 21881751 | 0.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5484442 | 9 |
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| WML (ASX) Chart |