ELE 0.00% 0.5¢ elmore ltd

ann, page-10

  1. 9,188 Posts.
    Points from BRR Interview

    1. Cap Rasing a minimum of $25m but most likely substantially more

    2. Raising to be done at a minimum of 20c, but as they said considering the share price was 10c at the time of announcing more likely to be 30c or 40c but will depend on mkt conditions at the time, at 20c implied NSL price = 5c

    Nothing new in BRR but glad to finally hear some voices.

 
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