Jefff,
To get the $222,864 the company has to issue more than 14% of currently issued shares. They simply could not immediately raise any more capital without calling an EGM. I wonder why they have not done it last financial year, at a higher price? They would be able to now issue another 15% this FY, if still required.
Jefff,To get the $222,864 the company has to issue more than 14%...
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