Each one in plain English, with the numbers worked through for a shareholder.
20 Sept 2012capital raising announcement▲ Good
Notice for issue of the 150m shares to ERM at 0.7c on 21 September 2012, about $1.05m (calculated from the stated price and number). Completes the ERM placement agreed in the deal; first cash from it for the thinly funded company.
What it means for a shareholder
150m new shares at A$0.007 to raise about A$1.1m. That's 9.5% dilution: every existing holder's slice gets 9.5% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.00998% to 0.00904% of the company. To keep it you'd need 14,975 more shares - about A$105 at the issue price.
Notice for issue of 857,143 shares at 0.7c on 11 May 2012 without a prospectus, about $6k. Administrative; purpose not stated.
What it means for a shareholder
857,143 new shares at A$0.007 to raise about A$6,000. That's 0.0599% dilution: every existing holder's slice gets 0.0599% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.00999% to 0.00998% of the company. To keep it you'd need 86 more shares - about A$1 at the issue price.
Notice for issue of 8,333,334 shares at 0.6c on 1 May 2012 without a prospectus, about $50k. Administrative; purpose not stated.
What it means for a shareholder
8.3m new shares at A$0.006 to raise about A$50,000. That's 0.583% dilution: every existing holder's slice gets 0.583% smaller. If you held A$1,000 of shares (166,667 at the issue price), your slice goes from 0.0117% to 0.0117% of the company. To keep it you'd need 977 more shares - about A$6 at the issue price.
Notice for issue of 7,142,858 shares at 0.7c on 4 April 2012 without a prospectus, about $50k. Administrative; purpose not stated.
What it means for a shareholder
7.1m new shares at A$0.007 to raise about A$50,000. That's 0.502% dilution: every existing holder's slice gets 0.502% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.0101% to 0.01% of the company. To keep it you'd need 721 more shares - about A$5 at the issue price.
Notice for issue of 4,285,715 shares at 0.7c on 23 March 2012 without a prospectus, about $30k. Administrative; purpose not stated.
What it means for a shareholder
4.3m new shares at A$0.007 to raise about A$30,000. That's 0.303% dilution: every existing holder's slice gets 0.303% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.0101% to 0.0101% of the company. To keep it you'd need 434 more shares - about A$3 at the issue price.
Notice for issue of 7,142,858 shares at 0.7c on 8 March 2012 without a prospectus, about $50k. Administrative; purpose not stated.
What it means for a shareholder
7.1m new shares at A$0.007 to raise about A$50,000. That's 0.506% dilution: every existing holder's slice gets 0.506% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.0102% to 0.0101% of the company. To keep it you'd need 727 more shares - about A$5 at the issue price.
Notice for issue of 6,250,000 shares at 0.7c on 17 February 2012 without a prospectus, about $44k. Administrative; purpose not stated.
What it means for a shareholder
6.3m new shares at A$0.007 to raise about A$44,000. That's 0.445% dilution: every existing holder's slice gets 0.445% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.0102% to 0.0102% of the company. To keep it you'd need 639 more shares - about A$4 at the issue price.
Notice for issue of 8,333,334 shares at 0.6c on 30 January 2012 without a prospectus, about $50k. Administrative; purpose not stated.
What it means for a shareholder
8.3m new shares at A$0.006 to raise about A$50,000. That's 0.597% dilution: every existing holder's slice gets 0.597% smaller. If you held A$1,000 of shares (166,667 at the issue price), your slice goes from 0.012% to 0.0119% of the company. To keep it you'd need 1,000 more shares - about A$6 at the issue price.
Notice for issue of 5,666,667 shares at 0.6c on 4 January 2012 without a prospectus, about $34k. Administrative; the purpose is not stated.
What it means for a shareholder
5.7m new shares at A$0.006 to raise about A$34,000. That's 0.408% dilution: every existing holder's slice gets 0.408% smaller. If you held A$1,000 of shares (166,667 at the issue price), your slice goes from 0.0121% to 0.012% of the company. To keep it you'd need 683 more shares - about A$4 at the issue price.
Notice for issue of 4,857,143 shares at 0.7c on 6 December 2011 without a prospectus, about $34k. Administrative; the text does not say the purpose (inference: likely YA Global drawdown).
What it means for a shareholder
4.9m new shares at A$0.007 to raise about A$34,000. That's 0.351% dilution: every existing holder's slice gets 0.351% smaller. If you held A$1,000 of shares (142,857 at the issue price), your slice goes from 0.0104% to 0.0103% of the company. To keep it you'd need 503 more shares - about A$4 at the issue price.
Notice for issue of 12.5m shares at 0.6c on 27 September 2011, without a prospectus. Admin notice; the issue is not explained in the text (inference: related to the YA Global facility).
What it means for a shareholder
12.5m new shares at A$0.006 to raise about A$75,000. That's 0.906% dilution: every existing holder's slice gets 0.906% smaller. If you held A$1,000 of shares (166,667 at the issue price), your slice goes from 0.0122% to 0.0121% of the company. To keep it you'd need 1,525 more shares - about A$9 at the issue price.
9 May 2011capital raising announcement● NeutralMajor
Placement raises $1.44m through 120m shares at 1.2c, with a free 1-for-2 option (60m listed options at 2c, September). Funds mainly go to the Talma pilot well. It adds to the share count of about 1.23bn.
What it means for a shareholder
120m new shares at A$0.012 to raise about A$1.4m. That's 8.9% dilution: every existing holder's slice gets 8.9% smaller. If you held A$1,000 of shares (83,333 at the issue price), your slice goes from 0.00677% to 0.00617% of the company. To keep it you'd need 8,120 more shares - about A$97 at the issue price.
30 Nov 2010capital raising announcement● NeutralMajor
Red Sky places 70 million shares at 2 cents to raise $1.4m before costs, led by Melbourne Capital. Funds go to Clarence Moreton exploration and working capital. Cash was $2.40m at September.
What it means for a shareholder
70.0m new shares at A$0.020 to raise about A$1.4m. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held A$1,000 of shares (50,000 at the issue price), your slice goes from 0.01% to 0.00877% of the company. To keep it you'd need 7,000 more shares - about A$140 at the issue price.
30 Nov 2009capital raising announcement▲ GoodMajor
Red Sky raised $4.5m through a placement of 125m shares at $0.036, led by Melbourne Capital, after shareholders approved the Norwest and Surat Resources deals on 27 November. Issued shares reach about 971.5m. Funds go to exploration and working capital.
What it means for a shareholder
125m new shares at A$0.036 to raise about A$4.5m. That's 20% dilution: every existing holder's slice gets 20% smaller. If you held A$1,000 of shares (27,778 at the issue price), your slice goes from 0.00556% to 0.00444% of the company. To keep it you'd need 6,944 more shares - about A$250 at the issue price.
Prospectus dated 7 September 2009, closing 15 September, with risk factors and pro-forma balance sheet. The readable text does not state the offer size or price; the offer's terms are not readable here.
Prospectus for the offer of up to 200m shares at $0.02 to raise $4m, closing 11 September 2009, the same day as the general meeting. Shares are due to start trading around 21 September. It formalises the previously announced placement.
What it means for a shareholder
200m new shares at A$0.020 to raise about A$4.0m. That's 29% dilution: every existing holder's slice gets 29% smaller. If you held A$1,000 of shares (50,000 at the issue price), your slice goes from 0.01% to 0.00714% of the company. To keep it you'd need 20,000 more shares - about A$400 at the issue price.
Replacement prospectus for the same offer of up to 300m options at $0.0005 to raise up to $150,000, closing 28 August 2009. It replaces the 14 August version. No new substance is readable.
Prospectus offers up to 300m options at $0.0005 each to raise up to $150,000, closing 28 August 2009. This is the small option placement flagged in the quarterly report.
29 Dec 2008capital raising announcement● NeutralMajor
Red Sky signed a Heads of Agreement with RM Corporate Finance, which will help restructure and recapitalise the company and underwrite a $350,000 placement at 0.2 cents per share, subject to shareholder approval. This is the first raising since the $0.20 IPO.
Options rights issue completed with 14,832,226 options allotted to the underwriter. Total raised was $308,195 (shareholders $159,872, underwriter $148,322). Options trade as ROGO, $0.30 strike, expiring 31 July 2009. Resolves the underwriter shortfall thread.
22 Aug 2007capital raising announcement● NeutralMajor
Options rights issue closed 17 August: shareholders took 15.99m of 30.82m options, raising $159,872. The underwriter takes the 14.83m shortfall ($148,322). Funds cover offer costs and working capital. Quotation expected 28 August.
Re-lodgement of the 19 July options rights issue prospectus: one option per three shares at 1 cent, $0.30 exercise price, expiring 31 July 2009, underwritten by Allegra Capital. Closing date 17 August. No new terms.
19 July 2007capital raising announcement● NeutralMajor
Prospectus for a non-renounceable options issue: one option per three shares at 1 cent, exercisable at $0.30, expiring 31 July 2009, record date 30 July. Underwritten by Allegra Capital. Delivers the options issue planned at listing.
21 May 2007capital raising announcement● NeutralMajor
Updated pro-forma balance sheet shows the IPO raised about $6.05 million, down from the $8 million sought, with issue costs cut to $745,000. Pro-forma net assets are about $9.2 million, and convertible notes are converted.
7 May 2007capital raising announcement● NeutralMajor
Red Sky Energy's replacement prospectus offers up to 40,000,000 shares at 20 cents to raise up to $8 million, ahead of an ASX listing. The shares are described as speculative.
What it means for a shareholder
40.0m new shares at A$0.200 to raise about A$8.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
