So wasn't Ron going to take the shortfall??
If he's been pushed I can understand him not taking them, but those that pushed him should now carry the shortfall, and then be actively engaged in this company.
Just an opinion,
TCG
"As outlined in the 2023 Annual Report announced on 28 March 2024 and ASX announcement titled ‘Result of Rights Issue and Placement’ announced on 28 February 2024, the Company was anticipating placing the shortfall of the Rights Issue of approximately $1,060,344 over the coming weeks. The Company has experienced challenges in placing the shortfall and as a result has led the Company to immediately consider alternative financing options."
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1 | 998971 | 0.018 |
1 | 1000000 | 0.017 |
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1 | 200000 | 0.014 |
Price($) | Vol. | No. |
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