CXO 8.57% 9.6¢ core lithium ltd

Banter and general comments, page-31599

  1. 6,436 Posts.
    lightbulb Created with Sketch. 1992

    Its not unusual and was well supported by holders and those on these boards at the time. Need to remember that the SP at the time was circa 4c with a lot less shares on offer. We had a MC of $30m and needed money for exploration. To raise that money via a CR would have been circa 25% dilution. Dilution that would be flowed on to our current situation. Funds for lithium stocks were also not exactly easy to raise in july 2019....
 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.