FHE 3.09% 50.0¢ frontier energy limited

Ann: Investor Presentation, page-2

  1. 699 Posts.
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    What are people's thoughts about the acquisition? It's a huge amount of dilution to current shareholders in the short term.

    145,700,000 x $0.38 = $55,366,000 deal

    Waroona Energy:
    $13,200,000 in cash (June 2023)
    $40,588,868 current market cap (Sep 11 2023)

    https://hotcopper.com.au/data/attachments/5577/5577483-bbaa2ecbc9da8c7926a2e0859ec93125.jpg
 
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