SDV 1.67% 61.0¢ scidev ltd

Ann: Share Placement Announcement, page-7

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  1. 4,045 Posts.
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    @speckledjim1
    @forrestfield

    How did they do that? Surely they have a contract to successfully go through to completion for any raising they are involved with.

    @stormer

    They appear to be only be raising what they need to obtain the remaining 50% of Sci Dev. That will be fantastic. I really like the fact that they are only allowing $15kper holder (value of shares), and not 1:1 or a 1:2 (number of shares) which would result in significant dilution.

    News will make 0.012 look very attractive should they have something to release.
 
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