re: Ann: Early Phase Drilling Confirms Epithe... Hi
The entitlements offer came with the following statement back in April:
"The Offer price of 0.8c represents a 33.3% discount to the last sale price of 1.2c and a 22.5% discount to the theoretical ex-rights price of 1.0c."
"Theoretical" was the right word...
Elisby1
Ann: Early Phase Drilling Confirms Epithermal Sys, page-6
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