The redemption rate we experienced here is normal to low for a SPAC. It can be up to 90% and I understand the company is satisfied with the 72% result. The main game is the listing itself and this is the pathway.
I also believe that they have plans in place to access additional funds moving forward for the mine build anyway via other channels in addition to the money from sizzle and current cash balance for stage 1.
It's all in hand !
News: EUR Sizzle Acquisition Corp Announces Approval Of Extension Of Deadline To Complete Business..., page-157
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Last
3.0¢ |
Change
-0.007(18.9%) |
Mkt cap ! $41.94M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 2.9¢ | $108.3K | 3.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 507287 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 474862 | 4 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| EUR (ASX) Chart |