CPH 0.00% 0.9¢ creso pharma limited

Ann: Creso Pharma Receives Firm Commitments to Raise A$2.137M, page-2

  1. 679 Posts.
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    Wow, holders being F###ED left, right & center...

    If I read it correctly, fees to Everblu:

    6% of $2.137mil - Approx. $130,000 in fees

    ON TOP OF THAT.... they want 3 shares for every $4 capital raise...

    So.. basically issuing an additional 1.6 million shares to Everblue (Approx. $96,000 based on 6 cents).

    All in, approx value of $226,000 in fees/shares for raising $2.137mil.. thats 10.6% of the this capital raise.....

    If you still believe in this company... well.. i really do not feel sorry for your loss.

    All IMO...
 
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