A bit of dilution, not major. What I like most is this:
"Total gold delivery
commitments are minimal and less than one tenth of those
normally required with conventional project finance"
I think this more than off sets the dilution. It's far more important that RED gets as little hedging as possible.
$45mil placement @ .155, page-27
Add VAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $2.346B | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.0¢ | 34.0¢ | $375.9K | 1.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 541058 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 970272 | 30 |
View Market Depth
| Last trade - 10.28am 15/10/2024 (20 minute delay) ? |
| VAU (ASX) Chart |