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y wouldnt they get shares at 3 times the shareprice ? Thats what...

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07/12/17

08:39

Post #: 29439311
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Originally posted by Profit Prophet ↑

No it is not back to square one.

Before it was a placement of approx 658 million shares at 3.8c to raise $25 million in aussie dollars (the subscription agreement).

Due to the breach of contract and damages the summary judgement states that $43 million aussie dollars have to be paid with no issuing of shares.

Huge difference

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y wouldnt they get shares at 3 times the shareprice ? Thats what they paid for !

XST Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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