On 13/11/2020 PYC made an announcement "Completion of Retail Entitlement Offer", the paragraph at the bottom of page 1 says:
"A shortfall of ~A$14 million worth of New Shares (~82 million New Shares) has arisen under the Retail
Entitlement Offer. The Company retains the right to place this shortfall within 3 months of the close of the
Retail Entitlement Offer at or above the Entitlement Offer Issue Price of A$0.17 per New Share."
By my calculation, that 3 months period would have ended on 13/02/2021. I don't think those 3-year options offered to the two new appointed Board Members would count towards this pool of $14M shortfall. Again I might be wrong. Please raise this question at the next Investor's Call on Thur 15/04/2021.
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Open | High | Low | Value | Volume |
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12 | 296196 | 0.110 |
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21 | 1338743 | 0.100 |
3 | 65170 | 0.098 |
Price($) | Vol. | No. |
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0.120 | 820585 | 4 |
0.125 | 1174171 | 7 |
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