and close to halving again. Only taken a year to lose about 75% of IPO money
there’s an offer out for new money; first the Placement, then the hat passed around for shareholders… . SP is now sub 6c, and close to the entitlement pricing (as per usual)
Propell Holdings to raise up to $2.22 million via a 1:2.5 non-renounceable Entitlement Offer at $0.058 per share.
• Entitlement Offer follows Initial Placement for $1.36 million at $0.058 per share, providing an opportunity for shareholders to participate at the same issue price as under the recently announced Placement.
• Funds raised will support an increase in the company’s lending facility, drive ongoing organic growth through working capital and cover the costs of the Offer.
