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2.38% 41.0¢ sunrise energy metals limited

Crap thats not what happens. The water business gets spun off...

  1. blackeyed
    4,864 Posts.
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    18/09/20
    16:31
    Post #: 47457687
    Crap thats not what happens. The water business gets spun off into a IPO say Clean Teq retains 50% equity. If they sell at listing all that cash goes into their balance sheet. Its nonsense what you said. Whatever is the underwritten price is what they receive for their ownership on listing.
    CLQ Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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