re: anm vs. anmna,,placement soon.
No doubt there will be a placement after costs have been worked out & the intos who came in on the original pp. anmca and paid 30c are cashing up for the placement. only thing is its going to be a very discounted offering,,must be as those selling ANMNA in recent days have been sellig the ANM component for 8-11cents. I rekon therefore the placement will go something like this-- ~200-300mill is reqiured ~1000mill ANM/ANMNA now on issue for $200mill a 2:1 @ 10cps,,then 3BILLION ON ISSUE!! or for $300mill a 4:1 @ 7.5cps then 5BILLION ON ISSUE!!
or similar permutations,, either way a huge dilution coming up!Those buying ANMNA now for ~10cents wont be too badly off if the finance/flour/leightons thing works out, but those poor buggers paying 25c+ for ANM will pay for their lack of research!
ANM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held