As a follow up questoon, at the upcoming 2018 AGM they are seeking to get approval under rule 7.1a for the additional 10% placement totalling up to 25% placement which equates to another 460 million shares? (Roughly, if the 305 million arent issued in the next 14 days)
Thats a lot of new shares. Theres no way they could sell those unless it was in a 'bulk lot' to a major partner?
Why would they seek approval for the extra placement unless they werent considering the possibility of issuing the shares?
As a follow up questoon, at the upcoming 2018 AGM they are...
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