Initial balance of shares: 138.4m
To be issued in placement: 20.8m
To be issued in entitlement offer (underwritten): 59.3m
Balance of shares after raising: 218.5m (dilutive by 58%)
Expectable market cap at $0.10 lowest issue price: $21.85m for a net debt free company.
Initial balance of shares: 138.4mTo be issued in placement:...
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