AUZ 0.00% 0.9¢ australian mines limited

Ann: AUZ secures $12 million investment from US fund, page-221

  1. 740 Posts.
    lightbulb Created with Sketch. 142
    5days ago when the real slide started we were at approx $215m market cap. Today we sit on $142m.
    Could this deal for $8m, or $12m, funding have blown $73m off the market cap?

    If we just assume today alone, that's 24m lost in market cap based on getting minimum $8m funding!

    I still don't really understand what the hell Bergen are entitled to, how many share and how many options?
    I'm sure the AUZ have intentionally made that unclear -_-
 
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