I read in one of the articles after the EIB announcement that on top of the 1,4b to finance the project Vulcan is also trying to secure a 400m credit facility (can't find which one was). This would be used to pay the wages and working capital during construction and ramp up. I would think equity will be needed to top up the project equity and keep the 35:65. I am not sure where you get the 40% dilution, unless you are counting all capital raises
I read in one of the articles after the EIB announcement that on...
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Last
$5.33 |
Change
-0.210(3.79%) |
Mkt cap ! $917.1M | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.50 | $5.27 | $5.002M | 931.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10916 | $5.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.35 | 12645 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$5.32 |
Change
-0.210 ( 3.40 %) |
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| Open | High | Low | Volume | ||
| $5.47 | $5.48 | $5.28 | 100688 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| VUL (ASX) Chart |