The day drags on Rabooth and still no S708A notice. No-one seems concerned though if the slow and steady action on the bourse is any guide.
Normally, the last thing on my mind would be a S708A notice as it's procedural and after the announced fact that has already been announced, but this awaited one has some significance to me, and us too.
Ann early 23/3.
"In addition to the project financing package, RNI will raise $3.7 million, less fees, through a share placement to the Fund. The placement, which remains subject to the clearance of funds, will involve the issue of 49.85 million ordinary fully-paid shares at an issue price of 7.5c per share."
We do not know if the shares have in fact issued until the s708A Notice issues, and the company has 5 business days to do that after issue.
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