ASM 3.05% 79.5¢ australian strategic materials limited

Ann: Update - Proposed issue of securities - ASM, page-2

  1. fup
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    Management Fee of 2% and Selling Fee of 3% of the gross proceeds of the Placement (the Selling Fee does not apply to
    any proceeds received from the Directors and other specified investors).

    dang, just under $1.3m paid to bell potter for the insto raising. seems hefty but we are in the speccy end of the market and ASM is definitely not a market darling.
 
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