RAD 3.85% 2.7¢ radiopharm theranostics limited

Ann: Radiopharm Theranostics completes A$70 million placement, page-27

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  1. 12,922 Posts.
    lightbulb Created with Sketch. 3956
    Let's do some math:

    $62.5m / 4c = 1.56b shares
    2 x $7.5m / 5c = 300m shares
    about 450m existing shares plus new oppies = about 600m shares

    total amount about 2.4b fully diluted. If before today about 240m shares were held by retail then from today retail hold a max of 10% combined. What does it mean?

    The poison pill holding more than 10% - us retail - is most likely gone. Hopper now just has to deal with a handful instos and that's what he wanted.

    Hopper 1, retail Zero.

    GLTA
 
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