The bigger allotment of options is to be at 26c, the shares were placed at 20c, but there was also a significant share placement at 15c, although the obfuscators at Citigold call it small. They don't tell shareholders to whom this placement was made. Typical.
From the 01/10/08 announcement headed:
Initial Allotment to Dubai Group
"The Company also accepted completion of a small private placement of 7,541,941 shares raising A$1,131,291"
(this works out to 15c per share)
The bigger allotment of options is to be at 26c, the shares were...
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