AEB 0.00% 0.9¢ affinity energy and health limited

Wow! An amended 3B but no amendment to their original Funding...

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  1. 6,736 Posts.
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    Wow! An amended 3B but no amendment to their original Funding and Operational Update!

    In the amended 3B they clearly state that they have issued 69,562,500 shares and 68,312,500 options and:

    So that leaves 62,500,000 shares and 62,500,000 free options placed for the raising, which at $0.04 equates to $2.5m after costs yet in the Funding and Operational Update they state that the amount raised after costs was $2.296m leaving a discrepancy of $204k.

    So either the amended 3B is still incorrect or the Funding and Operational Update is incorrect.

    No wonder I, and others, have concerns about their capabilities if they can't even get basic maths right!
    Last edited by Surandy70: 29/01/18
 
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