Massive dilution at a massive discount to last SP.
$35m raised at $0.005 = 7 billion shares
Last share price was 2 cents, so issue is done at a 75% discount.
UNBELIEVABLE - I have followed the markets for over 30 years and I never seen numbers like these!
The result will then be followed by a massive consolidation to bring the number of shares on issue to a 'normal' level.
Massive dilution at a massive discount to last SP. $35m raised...
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