- 8,148,140 New Shares issued on 7 July 2023 to existing shareholders at an issue price ofUSD 0.12283 per New Share; and
- 157,120 New Shares issued on 10 July 2023 to existing shareholders at an issue price ofUSD 0.11 per New Share.
Let's be honest here. We issued 8.3M shares for approx US$1M to probably pay salaries. Someone knew these shares were being issued because on the 6 July on NASDAQ (overnight between 6 and 7 July Sydney time) 9,4M shares got dumped on NASDAQ of which 800,000 were short sold.
One week seems to be a long time to issue a cleansing notice.
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