ASN 1.30% 7.8¢ anson resources limited

Ann: Trading Halt, page-52

  1. 10,488 Posts.
    lightbulb Created with Sketch. 2274
    So approx 80 million shares @ 9.1c for a raise of $7.35 million.

    Holders get 1:10 options so about 80 million options @ 9.1c if exercised equals another $7.35 million.

    Those that exercise get another 1:10 option @ 20c if all exercised equals approx $16 million.

    Smart way of potentially raising over $30 million.

    Only guessing until facts are released.
 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.