WAF 4.91% $1.50 west african resources limited

Ann: Deep diamond core commences at Sartenga Disc, page-30

  1. cha
    5,807 Posts.
    lightbulb Created with Sketch. 638
    re: Ann: Deep diamond core commences at Sarte... notes from last year

    "WAF 26 nov agm to ratify prior issue of 22m shares to sophistacated and prof investors at 20c per share. Currently 185m shares on issue. At agm seek approval to issue 18.5 m equity securities over next 12 months"


    move from 20c to 36c and distribution by sophs to retail ever since

    another 18.5m in equity securities over next 12 months

    played out as expected

    can happily sit out and wait for real results and decide if worth an investment or not

    thumbs down to ratification of prior issue but i spose they need cash to fund themselves for another year

 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.