IOT 0.00% 0.1¢ iot group limited

Ann: IOT Group completes $11.975M capital raising-IOT.AX, page-45

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 217 Posts.
    In the meeting notice, in regards to the resolution to raise an additional 100m over their 15% capacity, they stated that they had no immediate plans to use them and were probably gonna issue at least some for non-cash consideration from memory. This seems to be their full allowance in 1 immediate hit as a CR.

    I also thought they were to be issued at no less than 80% of the 5 day VWAP, which was surely higher than 7c?
 
watchlist Created with Sketch. Add IOT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.