They can't cap raise more than 15% per 12 months. 214m shares is 15%, they used it all (213.6)
'The issuing company will need to comply with the requirements of the ASX Listing Rules in making the offer. These include: not issuing more than 15% of its capital in any 12 months period:'
15% dilution took the current .115 to equiv .97.75 c likely why we closed at what we did.
Today? Gofigure
Ann: Up to A$20 Million Equity Raising, page-101
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