placing17 Nov 2020 09:41
raise up to A$10 million (before expenses) pursuant to a placing (the "Placing") of new ordinary shares of no par value in the Company (the "Placing Shares") at a price per Placing Share of A$0.006 (equivalent to 0.33 pence).
100 AUD to GBP = 55.0590 British Pounds
so in GBP its £5,505,900?
100 / 0.33 = 303
5,505,900 * 303 = 1666m shares?
current shares in issue 8935.64m?
10,601m shares after placing. or 10.6 billion?