It doesn't look like XST is farming out a % of its working interest to fund its portion of the Borba drill. By the looks of it is doing a Cap raise to fund its portion of Borba. Also by the looks of it SGC is also doing a cap raise to fund Borba.
The question is whether XST is cap raising for 24% of Borba or for a greater % (up to 49%) and whether SGC is cap raising for 76% of Borba or for a lesser % (down to 51%).
SGC have said that they are looking at farming out a % of their share in Borba, based on this surely they wouldn't keep their 76%, and if they are farming out surely XST would have to be the logical choice, with common Directors, and with the strong rise in XST shareprice meaning a cap raising is less dilutive ?
https://hotcopper.com.au/threads/an...5876062/page-26?post_id=50549773#.YBc6ck8_WDZ
- Forums
- ASX - By Stock
- XST
- Ann: Trading Halt
Ann: Trading Halt, page-10
-
-
- There are more pages in this discussion • 105 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XST (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.215M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $363 | 36.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 553448 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 447468 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 553448 | 0.009 |
6 | 1944246 | 0.008 |
3 | 1228710 | 0.007 |
2 | 416833 | 0.006 |
3 | 1000000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 447468 | 3 |
0.012 | 780813 | 3 |
0.013 | 250000 | 1 |
0.014 | 272815 | 1 |
0.015 | 460900 | 2 |
Last trade - 10.32am 15/07/2024 (20 minute delay) ? |
Featured News
XST (ASX) Chart |