Ann: Fundraise of US$1,281,000, page-7

it's a bit complex because we trade across at least 3 exchanges.

kp2 is officially registered as a UK company, and officially trades on the UK's AIM exchange.

in aus we don't actually hold original shares, we trade in CDIs which are equal to original official shares but are not.

as KP2 deals across various currencies, they also use USD to standardise the currency conversion.

it's a bit complicated, took me ages to make sense of it, but it does work out when you work through it all.

the raise at a 25% discount however is a point which you have correctly identified. that you can question, but not sure we can do too much about it. retail always get screwed a little, but if this deal gets done we should all be way in front relative to our entry price.