off topic QBL thread, page-53

I'm still trying to understand this reference to 2c shares in the 14 January Ann. Like I have said previously, if it's a typo then why haven't QBL BOD organised issue of an amended announcement? This is a legal document and it needs to be correct. After all you said "Our company has aresponsibility to our shareholder base to confirm what is factual, and also tosort through the white noise in order to help shareholders/investors discernbetween Fact and Fiction when they go to make an investment decision with ourcompany.”

Extracted from the 14 Jan '19 Ann:

 Annexure A

(b) Grants a waiver ofListing Rule 2.1 Condition 2 to the extent necessary to permit the issue priceof aminimum of 57,000,000 and upto 170,000,000 Shares proposed to be issued pursuant to theProspectus (CapitalRaising Shares) not to be at least $0.20 per Share, subject to thefollowingconditions: (i) the issue price of theCapital Raising Shares is at least $0.035 per Share;......

Listing Rule2.1 Condition 2 is straightforward. As Neil (and others) said it is just awaiver from the condition of shares being issued at at least $0.20 forquotation.

Also from the 14 Jan '19 Ann, Annexure A:

(d) Grants a waiver oflisting rule 14.7 to the extent necessary to permit the issue of: (i) A minimum of 57,000,000Shares and a maximum of 170,000,000 Shares at an issueprice of $0.02 each underthe Capital Raising Offer; ...

Listing Rule 14.7however had me a bit confused. It pertains to Meetings and reads as follows:

Chapter 19 reveals the following definition:

I don't recall any meetings mentioning any 2c share issues, however there have been so many prospectuses over the last few months that it's pretty hard to recall all details anyway!!

Perhaps someone on this forum can enlighten me as to how this listing rule applies to Annexure A, part d(i)?

Cheers all

Research can be such a brain strainer!