WTM 9.52% 11.5¢ waratah minerals limited

Ann: $3m Placement to Accelerate Activity at the Spur Project, page-4

  1. 1,946 Posts.
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    'Capital raising cornerstoned by major shareholders..'

    There's always going to be some flippers. Heavier discount I would agree with you flippers may be something to be concerned about. Not sure why you'd flip given last results including gold in EOH which I'd say is part of why they've attracted investors at a marginal discount.

    Let's see. I've seen some shocking raises in recent years so my bar is pretty low and this raise seems like it hasn't shafted existing holders IMHO.
 
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