I guess the market is thinking the .58 shares they will receive will be worth less after cap raises maybe, hence the reason why we are not pushing towards .65 AU
"Under the proposal, 92E shareholders will receive 0.5834 ATHA shares forevery 92E share held on the Record Date, implying approximately A$0.651per 92E Share"
92E Acquired by ATHA energy!, page-42
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