VAN 0.00% 4.7¢ vango mining limited

ipo sarco on the asx, page-24

  1. 1,170 Posts.
    WASA...its a new ASX company going through IPO to raise the money. I suspect that ASX SARCO IPO may want ORD shareholders to participate at a discount price and the market IPO will bring on new shareholders etc and may well be underwriten etc.

    ORD shareholders will own 100% of ORD and 49% interests in JV with GRAM and Copperflats, 5-10% of CCD (if it chooses), 100% of Supleflats, 100% of West Wylalong.

    Lets say they have, and this is PURE SPECULATION, 15% in ASX SARCO IPO then all of the above has to be worth way more than the current market cap.
 
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