EVN 2.93% $3.87 evolution mining limited

Ann: June 2021 Quarterly Report, page-56

  1. 5,440 Posts.
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    Once upon a time in the outback of WA...

    Jake to JPMorgan when share price $4.80: "I need $400 mill"

    JPMorgan: "we like EVN, we will give you $400 mill at $3.85"

    Jake: "no way Jose (I mean, JP) , that is a 20% discount"

    JP: "let us chat again in a couple of days"

    ....three days later

    JP: "I am still here, Jake, got the instos and sophs all lined up... $3.85"

    Jake: "my oh my, somehow the share price has got down to $4.07; $3.85 is only a 5% discount; if you will accept such a small discount, then we have a deal"

    ... and Jake and Jose (I mean, JP) and instos and sophs lived happily ever after
 
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