Creso Pharma (ASX:CPH) shares up 30pc amid speculation on U.S. cannabis bill, page-608

City hunter, read the announcement carefully before you jump the gun.

Pursuant to Resolution 10 of the Notice of General Meeting, the quantum of future placement shares to be issued is
based on a maximum amount to be raised of $6,000 000, at an issue price which will not be less than 75% of the 15
trading day VWAP immediately before the date on which the issue price is agreed by the Company. Accordingly, the
amount of 250,000,000 Shares set out in this Appendix 3B is indicative only and is based on an indicative issue price of
$0.024, which is 75% of the 15 trading day VWAP of CPH Shares as at 23 November 2020.

Fast forward to now, is the indicative price still $0.024? BIG FAT NO!!! It is 21c now, potentially go up further by 23rd Dec, so what's 75% of most current price, 15 days VWAP?