NSB 3.77% 5.5¢ neuroscientific biopharmaceuticals ltd

hersuit:Shares issued in AUD as per copy from notice:In what...

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    hersuit:
    Shares issued in AUD as per copy from notice:

    In what currency is the cash
    consideration being paid?
    AUD - Australian Dollar
    What is the issue price per
    +security?
    AUD 0.21346


    The securities are being issued as cash consideration. Therefore my reading is that shares are being issued to a consultant(or other un-named) for work undertaken in driving Emtin forward for re-submission to FDA.
    I take it as a strong positive indication that the price is higher than .21c!
    It is also great that they are in escrow for 12 months, indicating positivity for SP in 1 year. (IMHO).

    gltah.


 
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