Questions have been raised about the Director's participation and in particular their decision to withdraw from the 2019 0.035 R.I.
Information provided from ASX Financial Reports. If there are any errors I am happy to provide a clarification.
2011 - No Rights Issue
2012 - No Rights Issue
2013 - No Rights Issue
2014 - No Rights Issue
2015 - Feb 5. Rights Issue called for $1,782,167 @0.014. It was not fully subscribed.
The Directors indicated a willingness to participate. The Feldmans through their managing entity purchased 26,813,042 shares for $375.3K
2016 - 21 July. Rights Issue called for $3,052,095 @0.007. It was not fully subscribed.
The Directors indicated a willingness to participate. The Feldmans through their managing entity purchased 64,532,604 shares for $451.7K
2017 - No Rights Issue
2018 - The Rights Issue was moved to August 2019.
2019 - 21 Aug. Rights Issue called for $5,950,000 @0.035. It was oversubscribed and not all order requests were filled.
The Directors indicated a willingness to participate which was also approved at a special EGM as part of the company transformation process. The Feldman's withdrew from the R.I .
2020 - 3 July. Rights Issue announced for $4,237,486 @0.005.
The Feldman's indicated a willingness to participate.
Results T.B.A.
