Sorry, are you saying there is a capital raise likely for S32 or FMG?
On what basis would S32 be needing to raise capital via equity? Surely they would just draw down on existing debt facilities to manage working capital? In addition there are the funds that will become available from the coal sale at the end of the year.
Ann: Australia Manganese Update, page-117
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$3.66 |
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Mkt cap ! $16.57B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.73 | $3.60 | $56.87M | 15.57M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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