Hi All Just had a quick read through the memo etc and just want to make sure I understand how many new shares are on offer.
As I understand it...
Current shares : 79,505,481 Options : 2,300,000 Shares to be issued to Rankin/Gascorp : 120,000,000 Rights Issue to members @ minimum 18cps : 79,505,481 Placement @ minimum 20cps : 40,494,519 Further Placement @ minimum 80% vwap : 20,000,000
Fully diluted if all RI and placements fully subscribed 341,805,481
Correct ??
MOG Price at posting:
22.8¢ Sentiment: None Disclosure: Not Held