EMR 0.65% $3.81 emerald resources nl

raising of capital..., page-2

  1. 168 Posts.
    lightbulb Created with Sketch. 12
    Hi ASX 360

    125m to Frontier value $5m
    375m breakup to Frontier $10m cash EMR $5m cash
    15m to Deal makers (shares no value placed on them)
    Total 515m

    All placed at minimum 4c if higher less shares except deal makers (makes you think ?)
    Also
    You would suggest all placed to approx 3 people/companies, so tightly held 515m shares and not in this just for a few cents
 
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