VIL 0.00% 1.6¢ verus investments limited

how much longer to cr, page-2

  1. 1,735 Posts.
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    Suggest you read prospectus carefully to see what they will raise. It is technicallity related to GGPO trading. I only put this here to clarify your view on GGP CR. IE there is none now only in the past. They may have more again in future.

    Also it does not mean VIL will or will not have a CR

    Principal Effects
    The principal effects on the Company of the Offer, assuming the Offer is fully subscribed, are
    as follows:
    (a) the Company will issue 1 Option exercisable at $0.08 on or before 31 August 2012;
    (b) following the issue of the Option, the cash reserves of the Company will increase by
    $0.05 less expenses of the Offer which are estimated to be approximately $7,500; and
    (c) if the Option proposed to be issued is issued, the number of Options on issue will
    increase from 187,846,068 to 187,846,069.
 
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Currently unlisted public company.

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