Capital Structure

Finance

Cash at end of December 2011: $56.4M

  • Capital Raising inc SPP (October 2010) A$87.7M @ $2.50
  • Capital Raising (November 2009) A$42M @ $1.70
  • Capital Raising (May 2009) A$5.6M @ $0.70
  • Capital Raising (March 2009) A$5.5M @ $0.40
  • IPO Raising (September 2007) A$7M @ $0.25

Capital Structure

Shares on Issue: 153,847,284

Unlisted Options: 2,421,000

Major Shareholders:

  • Directors & Management 8.7%
  • Grand South Development 7.7%
  • Black Rock 5.9%
  • JP Morgan 5.8%
  • Greenstone Property 5.6%
  • Acorn 4.6%
  • Northcape 3.9%
  • Northward 3.1%
  • Macquarie 2.8%