Interesting5 Apr 2018 19:45
no wonder the price rose so much with people willing to subscribe at 67% premium..why would they do that?
A total of US$12.89m has been raised from existing and new investors (�Placees�) through the placing and direct subscription of 83,523,344 ordinary shares (�Placing Shares�) in the Company at a placing price of AUS$0.20 per new Ordinary Share, which is a 67% premium to the Company�s last closing share price on the ASX (collectively the �Placing�)