A good rise so far today but I expected it would surpass it's 12 month high ...still may today .
Perhaps the arrangements are complicated and people are wary .
" Newco
is to be owned 84% by Peak (via a wholly owned entity) and 16% by the Government. As
required under Tanzanian law, the Government’s ownership is to be in the form of nondilutable free carried interest shares in the capital of Newco."
Nondilutable !
Plenty of value to share round but to get full value from the project off takes and debt financing are critical .
If a lot of new shares are issued effectively govt get more for free .
But as I said , plenty of value to share around , if it can be done right .
A good rise so far today but I expected it would surpass it's 12...
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18.5¢ |
Change
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Mkt cap ! $49.19M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $39.73K | 221.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6861 | 18.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 49783 | 1 |
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