SPR spartan resources limited
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Ann: Corporate Presentation, page-80

  1. Baraka
    1,713 Posts.
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    17/02/25
    19:13
    Post #: 77896845
    the recap rights issue closed with a shortfall of 56m shares - the underwriter had to place them at 10c!

    I took my full allocation, and the 50% top up. Be a long time if I ever see a deal like that again, if ever!

    they had 50m in cash, mc around 80m. Insane pricing!
    SPR Price at posting: $1.34 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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