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clock Created with Sketch. 02/11/22
15:47
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Originally posted by chuk:
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"Vert Capital acted as Lead Manager to the Placement. The Company will pay Vert Capital amanagement fee of $15,000, a capital raising fee of 6% on the funds raised and will, subject toreceipt of prior shareholder at the Shareholder Meeting, issue 10,000,000 unlisted options (postconsolidation) to Vert Capital (or its nominees), each having an exercise price of AU$0.05 each andexpiring 2 years from their issue date.'
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Originally posted by chuk:
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"Vert Capital acted as Lead Manager to the Placement. The Company will pay Vert Capital amanagement fee of $15,000, a capital raising fee of 6% on the funds raised.."
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I hope I was on the money with those options expiry and the account holder. If so, the significant seller could be done now and confidence might return. It's a nice change to see the buyers having to come up and not be met with more selling lower again. We haven't seen that for a while. A rising price leads to more buyers willing to come back and that pushes the price higher again. The opposite of what we had when the price was falling. Hopefully it continues enough to build momentum.
Last edited by
chuk :
02/11/22
