Cableguy and others, suggest you go and familiarise yourself with resolution 2. These are additional shares to be allocated to clients of BBY.
In order to fall within the 15% Limit in ASX Listing Rule 7.1 (as detailed above in relation to
Resolution 1), Resolution 2 seeks shareholder authorisation to issue 52,348,366 ordinary
fully paid shares in the capital of the Company (Placement Shares) at an issue price per
Placement Share of 12 cents, to clients of BBY Limited that are sophisticated or otherwise
exempt investors under the Corporations Act.
The Placement Shares will be issued as soon as practicable following the Extraordinary
General Meeting and, in any event, no later than three (3) months from the date of the
Extraordinary General Meeting
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- whoa.. hold on one second here
QOL
queensland ores limited
Cableguy and others, suggest you go and familiarise yourself...
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