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Equity - contributed equity (Tables)
12 Months Ended
Jun. 30, 2019
Text block [abstract]  
Summary of equity - contributed equity
     Consolidated  
    

2019

Shares

    

2018

Shares

    

2019

A$

    

2018

A$

 

Ordinary shares - fully paid

     62,166,673        48,409,621        36,641,519        31,575,824  
  

 

 

    

 

 

    

 

 

    

 

 

 
Summary of movements in ordinary share capital

Movements in ordinary share capital

Details    Date    Shares     A$
Issue price
     $  

Balance

   1 July 2017      483,287,914          193,769,409  

Share consolidation - note 1

   17 November 2017      (434,958,293   $ 0.000        —    

Issue of shares to Scientific Advisory Board

   30 November 2017      80,000     $ 0.370        29,600  

Cancellation of share capital - note 2

   31 December 2017      —       $ 0.000        (162,223,185
     

 

 

      

 

 

 

Balance

   30 June 2018      48,409,621          31,575,824  

Share placement

   24 October 2018      8,900,001     $ 0.380        3,382,000  

Milestone 1 shares issued in connection with purchase of Glioblast Pty Limited (GDC-0084)

   9 November 2018      2,820,824     $ 0.440        1,250,000  

Issued under Share Purchase Plan

   23 November 2018      2,036,227     $ 0.380        773,760  

Share issue transaction costs

        —       $ 0.000        (340,065
     

 

 

      

 

 

 

Balance

   30 June 2019      62,166,673          36,641,519  
     

 

 

      

 

 

 

Ordinary shares

Note 1 - Share consolidation of 10 to 1, which was approved by the shareholders at the Annual General Meeting on 15 November 2017, occurred in the prior financial year.

Note 2 - Section 258F of the Corporations Act allows a company to reduce its share capital by cancelling any paid-up share capital which is lost or is not represented by available assets. The directors believe that $162,223,185 of the parent entity’s share capital satisfies the criteria in Section 258F of the Corporations Act and accordingly this amount of the ordinary share capital was cancelled in the prior financial year.