This. If the $100m was fully raised, I think we can be very safe to assume that quite a large player wants in.
I think whether you like it or not, the $100m @ 67c AFTER that SPP offer @ 58c kinda "guarantees" a price floor of at least 65c for those shares, which from a % perspective, its a 12% profit buffer on that investment.
Would be curious to see what this results in, from a % dilution standpoint!
Ann: Trading Halt, page-191
-
- There are more pages in this discussion • 291 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)