VKA
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10.0% 0.9¢ viking mines limited

Huge dilution though, extra 518m shares (excl. perf shares)...

  1. tongaface
    539 Posts.
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    26/11/20
    11:30
    Post #: 49160226
    Huge dilution though, extra 518m shares (excl. perf shares) adding to the existing SOI of 313m = 831m post acquisition or $24m market cap (at 3c)

    410m shares to the vendors
    33m shares to mr. Thomas for advisory services
    75m 1c placement to mates (50% discount?!)
    85m performance shares


    VKA Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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