Please describe the consideration being provided for the +securities 200 Convertible Notes (each with a face value of $100k) will be issued to the Noteholder in consideration for investing $20m into the Company. Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 100,000.000000
Number of +securities proposed to be issued 526,315,789 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Please describe the consideration being provided for the +securities The Noteholder Warrants will be issued for nil consideration Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.04940
According to todays anns:
$20m for 526m shares, that's 3.8c but they state 4.9c. Am I the idiot or did someone made a mistake and used $46m.
Anyway, sp shouldn't fall below 3.8c and yet, it does.
IMU Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
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