Subject to receipt of shareholder approval, Monto will also undertake a POST-COSOLIDATION CPATIAL RAISING OF minimum $3million and up to 8 million at 0.05c per share..
In order to provide working capital for due diligence and transaction costs, Monto will
undertake a non-renounceable entitlement issue to raise AUD$497,040 through the issue of
three shares for every 8 shares held at AUD$0.001 per share. Further, for every two shares
issued there will be a free attaching option exercisable at AUD$0.00111 on or before 31
December 2017
based on the praph above, i don't think Monto is cr at 0.00111. u are misinterpret here. 3milion - 8milion will only raise post and at 0.05c not 0.00111. your calculation is right based on your reading. but the thats not how ann said it.
MOO Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
