4. Share issues:
07/05/09 00:06
As a post balance event in the accounts 31.3.2008 is mentioned, that 200 Million shares were issued in November 2008. For what purpose were these shares issued?
Answer:
The newly issued
shares are required for:
a Facilitate acquisitions via share swaps
b Enable fundraising
c Attract managements and thereby enhance the company’s management
team