LKE 2.27% 4.3¢ lake resources n.l.

Ann: Up to A$20 Million Equity Raising, page-116

  1. 453 Posts.
    lightbulb Created with Sketch. 44
    They can bolt on a SPP or pro-rata entitlement in addition to the 15%
    The SPP being the same price as the placement makes sense otherwise holders would be chuffed.

    For some perspective of placement + spp
    We were .115 p/share prior to raise, add 20% dilution that equates to .092 p/s

    + 20 mill new cash div by 1708mill (new total shares) = .0117 p/s

    = .1037 p/s

    Last edited by barwood: 15/03/24
 
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