SPR 0.00% 82.0¢ spartan resources limited

Ann: A$80m Fully Underwritten Equity Raising to Accelerate Explor, page-53

  1. 344 Posts.
    lightbulb Created with Sketch. 168
    Hi Sabine,

    It is a bit confusing.

    Firstly, there is a Placement of $47m ... we will likely hear tomorrow how that went.

    Secondly, the NWH stake of 56.9m shares @ $0.58/share is worth ~$33m.
    So I think the Entitlement has been structured to equal $33m ... 965m shares on issue / 17 * $0.58.

    My view ... NWH does not want to be a 'kingmaker' by selling its shares to a potential bidder. Instead, it seems its shares will be distributed pro-rata across all existing Spartan shareholders. Not sure about the details.





 
watchlist Created with Sketch. Add SPR (ASX) to my watchlist
(20min delay)
Last
82.0¢
Change
0.000(0.00%)
Mkt cap ! $905.7M
Open High Low Value Volume
82.0¢ 82.5¢ 80.0¢ $2.584M 3.176M

Buyers (Bids)

No. Vol. Price($)
3 62321 81.0¢
 

Sellers (Offers)

Price($) Vol. No.
82.5¢ 145499 2
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
SPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.