Australia's largest stock trading and investment forum Australia's #1 stock forum

Caidus Resources RTO from PNO, page-24

First 24 Last

Share
Profile

Follow
Sensi

5,056 Posts.

189

20/05/17

09:40

Post #: 24809031
Share

Originally posted by Nomadic_Investor ↑

Adding up the numbers from the description below, my interpretation is that the only stock that may not be under escrow is approx 21.7m...which would have belonged to existing holders of PNO. A pretty small overhang for a RTO.

consideration 225m
placement 31m
facilitator 90m
epminex 60k
-------------------------------
public offer (non escrow) 350m
-------------------------------
total =696.06m out of 717.7m

View attachment 584535

I'm assuming these were the main 3 below?

View attachment 584532

Expand

I can 110% vouch that no cheap shares in this none what so ever Nadda, Zilch.Those shares belong to the PNO guys which are Otsana and Discovery which are behind this deal.
Upvote

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

STK

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

CU6

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

The Rising Tide: How institutional adoption is shaping the future of crypto

FL1

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

There are more pages in this discussion • 26 more messages in this thread...

First 24 Last

SPONSORED BY