GRL godolphin resources limited

Ann: Successful Placement and Launch of Entitlement Offer, page-7

  1. 1,760 Posts.
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    And therein lies the question that was asked. First para, under Entitlement, mentions 1 for 4 (record date 17/07/23). 3rd para mentions 1 for 2 on record date (together with 1 for 2 options). 5th para doubles down on 1 for 2, record date 17/7/23 together with 1 for 2 options.

    As mentioned, poor quality control.

    If you go by max no. of shares to be issued of 33.8M and SOI of 135M, then you'd have to say 1 for 4 (135/4=34), even though the release has doubled down on 1 for 2.

    https://hotcopper.com.au/data/attachments/5406/5406085-c0477cf1efb16b49bdf3aea7e33c2d23.jpg

 
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