ALA 3.57% 14.5¢ arovella therapeutics limited

Your thoughts, page-42

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    Further to my post .... in effect the minimum that needs to be raised from shareholders is $1.85m.

    1.85 from shareholders
    2.15 from note holders
    ------
    4.0 minimum raising

    Any amount raised between 1.85 & 4 goes to Note holders. Anything above 4m goes to additonal working capital.
    Last edited by abitlikeme: 04/07/18
 
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