GTG 2.56% 7.6¢ genetic technologies limited

On ASIC 484 Form lodged in April I found the following:Immunaid...

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    On ASIC 484 Form lodged in April I found the following:

    Immunaid shares issued prior to placement 8,800,000
    1,000,000 shares issued to 9 investors.
    Shares issued after placement 9,800,000

    Using the 71.7% equity statement in the 2011 Annual Report: shares held by Genetic Technologies at the time of the report would be 6,309,600.

    I believe the equity position of GT in Immunaid to be 64.4% after the placement.
    I also note that the total funds raised by the issue of 10,000,000 shares is $3,594,082.

    I don't know where that $4.5 million figure came from so I have written to the company asking how the amount is derived.

    Regards,

 
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