Sadly you are forgetting about the accompanying SPP where they can take another $10m if its available on the same terms. The AGM resolution allows for them to take up to 25% of the SOI... over $13m / 350m shares.
BLG Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)