How many shares will be on issue?28 Nov 2013 12:36
OK so once all the shares are taken up for the to raise $14 million that means they are trying to raise near enough there current market cap in funds so expect to have near enough 8 billion shares on issue.
Thats alot of shares and I hope its not another MTV and a good option which I think they should do is consolidate quickly maybe 10 or 100 to 1 shares and just get it trading at respectable levels.
I dont really like consolidation but sometimes thats just the best solution for the long term as would be trading at respectable levels.