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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