With CE now affectively in control of NWE and NWE now not having enough funds to pay for their share of the upcoming drill program how big will the initial Cap Raising be for NWE?
they are about 3 million in a hole at this point.
Be interesting to see how much CE will want to raise and at what discount.
of course MiN will underwrite it and mop up any shares unsubscribed.
NWE UNFUNDED
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Last
$57.31 |
Change
1.820(3.28%) |
Mkt cap ! $11.13B | |||
| Open | High | Low | Value | Volume |
| $56.28 | $57.35 | $56.15 | $25.20M | 441.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 179 | $57.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $57.32 | 555 | 16 |
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| Last trade - 13.32pm 11/07/2024 (20 minute delay) ? |
| MIN (ASX) Chart |