CYM 16.7% 4.2¢ cyprium metals limited

Ann: Trading Halt, page-141

  1. 1,473 Posts.
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    I urge everyone to ignore all the crayon munchers in here and keep your eyes on the prize.

    Please read my previous posts if you have missed them.

    Cop the dilution to satisfy the conditions of the bond issuer & secure the bond for the remaining funds.

    While non-holders and doomsayers will focus on the discount/dilution, they are completely neglecting to mention that this equity raise is tied in with the bond.

    Looks like the bond issuer may be demanding a lesser amount in equity than I had been expecting. This is a WIN.

    Can't wait for the investor webinar tomoz. I suspect that Baz will explain the equity raise, how it ties in with the bond, the bond to be secured shortly thereafter, funds settled in the account in late Feb and Nifty refurb to kick off from March.

    But, that is just me. Ignore me if you like.
 
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Last
4.2¢
Change
0.006(16.7%)
Mkt cap ! $64.09M
Open High Low Value Volume
4.3¢ 4.7¢ 4.0¢ $511.1K 11.82M

Buyers (Bids)

No. Vol. Price($)
1 353683 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 19996 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
CYM (ASX) Chart
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