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0.6¢ gulf manganese corporation limited

are you sure TT? did you read the ann. 14/02? "1.2 Details of...

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J.W.Pepper

3,743 Posts.

57

05/03/19

13:48

Post #: 37657605
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Originally posted by tt2000 ↑

"Gulf Manganese Corporation Limited (ASX:GMC) (“Gulf” or “the Company” advises that the closing date of the offer pursuant to its cleansing prospectus dated 14 February 2019 has now been extended to 8 March 2019"

The Prospectus was for the isssue of 16,125,000 Shares at an issue price of $0.008 per Share for a total
of $129,000.

Not good that GMC was unable to raise $129,000 at $0.008.

Surely, if this was good value at $0.008 those shares would have been snapped up.

But as usual with GMC, it was another delay / extension

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are you sure TT? did you read the ann. 14/02?
"1.2 Details of the Offer
The Company offers for subscription 5,000 New Shares at an issue price of $0.015 per Share under this Prospectus"

They had already raised the $129k (see ann. 13/02)
I think that's another oops to you TT

GMC Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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