Standard stuff, IMO.
$40m at 12c is over 15% dilution, plus will reduce Mt K strike price probably to under $1.
Lets hope they don't go for the $90m, which would be a huge dilution and probably breach the loan terms for Sojitz and Mt K :-)
goalposts can be shifted according to announcm, page-3
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$6.40 |
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Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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