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Usage of words minimum and oversubscription having a financial...

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moofaffa

455 Posts.

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05/06/16

12:16

Post #: 17954897
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Originally posted by Wazdan ↑

Not sure what you think is misleading?

Replacement Prospectus

For the public offer of 100 million Shares at an issue price of $0.05 per Share to raise the minimum subscription amount of $5 million.

Oversubscriptions of up to a further 100 million Shares at an issue price of $0.05 per Share to raise up to a further $5 million may be accepted (Public Offer). The Public Offer includes a priority offer of up to 20 million Shares at an issue price of $0.05 per Share to existing Shareholders.

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Usage of words minimum and oversubscription having a financial difference of 5 cents. Not misleading???

PRA Price at posting: 1.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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