BillC - do you know why they didnt do a general rights issue at say 1 to 1 at $0.006 which would have raised $7m ? Given they got $1.4m from the option issue which was oversubscribed and the strong ongoing retail interest that would seem to have been a better way to go?
KBL Price at posting:
0.3¢ Sentiment: None Disclosure: Held