Webral, Sorry to "put words in your mouth" I'm still trying to learn as much as possible about these types of deals. I think that Chris Clower, former head of Merril Lynch Investment Banking for all of South East Asia, and David Putnam , former head of Asia for Houlihan Lokey probably know more than you and I combined. I for one am going to wait and see how this plays out. I highly doubt that directors and officers of that caliber would try and mislead punters about the terms of a deal. I have looked at the vwap of wmn shares over the last several years. It's a multiple of current trading price. I'm sure Lanstead, and WMN management have vetted this out. They don't seem to be the types to fall into a financing death trap.
Best of luck to all
DYOR
- Forums
- ASX - By Stock
- WMN
- Ann: Placement to raise A$6 million
Ann: Placement to raise A$6 million, page-9
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online