WFL 0.00% 0.3¢ wellfully limited

Ann: Proposed Issue of Securities under Loyalty Offer, page-2

  1. 3,636 Posts.
    lightbulb Created with Sketch. 1021
    34,333,413 Options not taken up (approx. 10%) - $34,333.41 worth, will now be distributed by the Underwriter at their discretion (cough, cough)...not sure why this even needed to be underwritten. The BoD imo right about now would be hive-fiving each other with shouts of 'there's more than one way to skin a cat' and I'm sure SS would be feeling very proud of himself right about now; the one who hasn't said Boo, since the so call Performance/Depreciation Shares were vetoed:


    Total New Options offered: 103,819,870
    Loyalty Offer acceptances of New Options: 69,486,457
    Shortfall New Options to be allocated to the Underwriter: 34,333,413
 
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