So unless I held before 5 October 2016 im not entitled to them?

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Gaffa Lodge

257 Posts.

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11/01/17

14:06

Post #: 21820202
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Originally posted by wkt ↑

Hi and Welcome Gaffa Lodge, please be aware of resident trolls in this forum
As to your question regarding the CR shortfall here is a copy/paste from the relevant announcement:

Walkabout Resources Ltd (ASX:WKT) (the Company) is pleased to announce that it will undertake a non-renounceable pro rata entitlement offer (Entitlement Offer) to eligible shareholders on the basis of one share (New Share) at an issue price of $0.004 for every four fully paid ordinary shares (Shares) held to raise approximately $2 million (before costs). In addition, one free attaching unlisted option (Option) at a strike price of A$0.006 for each Share applied for will be granted. These Options will have an expiry date 12 months from the date of issue of the Options. A prospectus will be lodged in relation to the Entitlement Offer following this announcement (Prospectus).
The Company has completed further drilling at the 70% held Lindi Jumbo Graphite Project in south eastern Tanzania and is awaiting an upgrade of the Inferred Mineral Resource to Measured and Indicated status for the project. This Resource upgrade will allow the Definitive Feasibility Study to be completed.
The Entitlement Offer will be available to eligible holders of Shares in the Company (Shareholders) with a registered address in Australia and New Zealand (Eligible Shareholders) as at 5.00 pm (AWST) on 5 October 2016 (Record Date). The Company will make an application to the ASX for official quotation of the New Shares.
This announcement was prior to consolidation so the figures need to be multiplied by 23 for example 0.004 cents is now 9.2 cents ie 0.004 * 23 = 9.2 & 0.006 = 13.8 cents

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So unless I held before 5 October 2016 im not entitled to them?

WKT Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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So unless I held before 5 October 2016 im not entitled to them?

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So unless I held before 5 October 2016 im not entitled to them?

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