EMM
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0.00% 0.7¢ electrometals technologies limited

new share placement 25m at 0.05

  1. Beechmere
    1,485 Posts.
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    08/12/04
    11:47
    Post #: 695919
    Announcement today on ASX that EMM will issue 25 million shares at a price of 5c (over the next two months) to raise capital to fund international sales and marketing and hire a new CEO.

    What's the board opinion on this? Will the dilution of EMM's market capital be negatively affected by this, or is it a sign of strength?
    EMM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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