PAA 4.44% 21.5¢ pharmaust limited

The Final Charge , Phase I/II MND Results & FDA ODD Approval Catalyst, page-1140

  1. 8,827 Posts.
    lightbulb Created with Sketch. 1711
    Looking at possible cr scenario.
    Currently there are 394,331,169 shares on issue.
    Let's say the cr is offered to shareholders on the bases of 1 new share for every 4 shares held, rounded off that would make 98,582,792 shares to be offered.
    Let's say they are issued at a discount of 10% on yesterdays closing price .305 - .03 =.275.
    98,572,792 x .275 = around $27.1m less cost
 
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