Vonex Ltd, page-377

@potgut

The asx rules state on LISTING in the asx, $3 million must be able
To be raised at NOT LESS THAN 20c Example Medibank issue was $2 not 20c



On a RELISTiNG the rules state it must be NOT LESS than 2c

If it gets raised at 5c the dilution is less

Back to the performance shares, if performance is not met the shares won't be issued, the app may supersede and be sold for 300m and meanwhile the revenue hadn't been met under the agreement

So Piss of and DYOR

The current cap is just under 50 mil! With 5mil revenue and a blue Sky app, we all know that mate!