yep. i said so - it is a different structure . importantly no share price bid was given so $400M SPAC value isnt a share price bid of 4 times as that $400m includes plenty of dilution with us investors and funding. rare earth isnt low capex.
Ann: Updated Announcement - Non-Binding Proposal, page-38
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Mkt cap ! $145.8M | |||
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| No. | Vol. | Price($) |
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| 1 | 21345 | 29.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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