AUL 0.00% 28.5¢ austar gold limited

akq, read the announcement again but pay particular attention to...

  1. 2,403 Posts.
    akq, read the announcement again but pay particular attention to the 3B itself. In particular Page 2 of the 3B. It lists the 3 reasons:

    First, the issue of the placement securities (18,749,998 shares and 18,749,998 MNMO).

    Second, the Fee Options (5,000,000 MNMO).

    Third, 2 shares upon the exercise of 2 MNMO.

    That's how you get the total number of issued securities to be 18,750,000 MNM and 23,749,998 MNMO.

    There is no incentive.
 
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