LU7 11.8% 1.9¢ lithium universe limited

Ann: Mogul Raises $8m in Significantly Oversubscribed Placement, page-33

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  1. 370 Posts.
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    Have to say I'm a bit filthy at the fact we didn't get a SPP for this raise. I'm confident with the new management, that a LOT of us holders would have stumped up some cash for a 30% discount with FREE attaching options with 2yr expiry date. I'm a believer but with no ultra urgent requirement listed on the reasoning page of the proposal I'm not entirely on board with it.
    I realise it's best to raise when you don't need rather than when you do, but attaching so many options was totally unneccesary aswell I feel. I believe we can still vote against the options side of things am I right ??
 
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