UNT 0.00% 1.5¢ unith ltd

General Discussion, page-2709

  1. 22 Posts.
    lightbulb Created with Sketch. 22
    I’ll tell you what also cost you market cap and dilution.
    The company was offered through their mandated broker 2m at 2 cents a share plus a rights issue.
    Nothing to do with Nviso (guess they needed someone other than Blake to blame ) - My understanding is that Peak just wanted a board seat which is fair for that ticket size.
    Question to the Board next time you speak with them - Why did you turn down 2m at 2 cents?
    And apparently there is a dispute over a break fee because they went elsewhere and raised at 1.4c.
    Doubt the company will admit it but why don’t you go and confirm this with Peak.
    I guess that’s what you do to ensure a cushy board fee.
 
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