IBG 12.5% 0.4¢ ironbark zinc ltd

did the directors expect a t/o offer, page-4

  1. 42,194 Posts.
    lightbulb Created with Sketch. 1022
    2 contradicting view of the CR

    for;
    raise before X'mas

    opportunistic with RBS marketing parcel to their clients therefore exposure

    spreading the register

    comfortable cash balance even with the DFS and preliminary work

    against;
    less dilution if DFS or JORC is out anticipating appreciation of share price


    For me I am satisfied with the CR as they were more pros than cons. Can anyone think of other reasons?



 
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