OK - I just found this in the half-yearly:
"On 30 June 2016, the Company announced its intention to undertake a Share Purchase Plan (“SPP”) to raise approximately $550,000. Subsequent to period end on 28 July 2016, the SPP closed substantially oversubscribed and a total of 491,000,546 shares were issued, raising $1.35 million..."
So total is now about 2.5Billion, soon to become 3.5Billion on the VGP deal
Dilution is a little less (28.5%), but the same questions apply.
I guess if this is a "company-maker", it's an acceptable cost?
sasa
OK - I just found this in the half-yearly: "On 30 June 2016, the...
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Last
27.5¢ |
Change
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Mkt cap ! $206.4M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 27.0¢ | $104.9K | 382.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42999 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 208035 | 1 |
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