I thought there was a rule about a maximum of 15% additional shares before you need shareholder approval. Does that make it a maximum of 25 million shares if at say $1.25 that would raise $31m.
I'm thinking the institutional investor may just be referring to Bell Potter.
Should now soon, unless there are delays and we go into a suspension.
Ann: Trading Halt, page-30
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Mkt cap ! $141.2M | |||
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