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Ann: Oversubscribed Placement to Raise $25m-88E.AX, page-30

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  1. 255 Posts.
    Would definitely tread with care here.

    3,893,129,203 shares will be on the register.

    With a SP at 4.4c gives a MC of $171,297,684.

    Could see this get pushed north in an attempt, to take profit from some of the investors.

    I like the story and have previously held, but will watch from the sidelines for a bit here.

    With that many shares, i think a consolidation could potentially come with the next big announcement.
    Which is probably a good thing.
 
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