6% fees on funds raised plus an additional 5 Million Stock Options (on only 30 Million shares raised @ 0.115)
Seems excessive?
Also does elidable shareholders means all retail shareholders that held shares on the 19th?
I always hate that companies never disclose how they will complete their scale back on oversubscription. Will they give all participants a capped amount or will they give a percentage of your application?
I am a small young retail investor with shallow pockets, so these issues always frustrate me.
Directors all taking up 100% of their allotment is a positive.
