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4,418 Posts.
43
06/06/13
14:07
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Looks like the directors are hard at work already.
16,000,000 options issued in total for total issue consideration $300
Scott Jones 2,000,000 options exp 2017 consideration $100K??
Brett Lawrence 9,000,000 options exp 2017 consideration $0
16,000,000 unlisted options (5m under LR7.3 and balance under LR10.11)
this explains the unaccounted for 5 million options.
Ramjay Investments got the 5,794,650 Newly Issued Ordinary Shares at $0.035 for what looks like $202,812.75
Total number of shares quoted on the ASX 72,535,888 (very tidy issue IMO - well done!)
The substantial holder notice and change of directors interest notices also both hit the market before the New Issue announcement.
Anyone else smell day old fish.
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