I don't follow? They need $250m which I believe would require a share price around 16-17c?
Or a large equity placement in EUR.
Or do you mean 10c is all they need with a $100m raise?
@TechSpec00 you are probably right however that the announcement does say this is financing specific to the merger transaction, so it should be into CRML.
Though would that necessarily exclude a $100m placement into EUR for the purposes of financing the Wolsfsberg project which is the basis of the merger?
I guess we find out Monday.
- Forums
- ASX - By Stock
- EUR
- Ann: Trading Halt
Ann: Trading Halt, page-82
-
-
- There are more pages in this discussion • 30 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 EUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EUR (ASX) Chart |
Day chart unavailable
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online