The African bank money will be for the balance of the debt.(approx A$ 80 mill) So there's still A$50 mill equity needed. A$20 mill will be raised first that should get done very soon. Then CNK get to worh on the ground as I've mentioned - then in theory they get the balance of the debt confirmed, then we get the last A$30 mill equity in at a higher price as it'll be Fomo money and also last money in with less risk. Thats the sort of money that easy peasy to get in London. Then Its done. Sit back and just watch it happen.
The plan is alsoto start bringing the previously dead London market alive so the funds there find it easier to trade .
I expect thats why they need a committed broker there.
Plus while that's all going on I expect the buyout bids to start happening. (DNK's second iron in the fire) Imo the starting price for buyouts would be NPV of $1.20 and will be bid up from there as at least 4-6 different mega companies battle over controlling it.
And If they don't pay up, (which i personally hope they don't) DNK carry on with plan A and do it thmselves to hopefully get the sp into the several dollars range.
IMO Its all worked out now and happening now. so fll yer boots, put your sunglasses on - sit back- look up at the sun and enjoy.
- Forums
- ASX - By Stock
- Ann: Adviser Appointment
The African bank money will be for the balance of the...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DNK (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DNK (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online