Uranium miners ERA seeks $500m for expansion
October 12, 2011 - 10:31AM
Uranium miner Energy Resources Australia plans to raise $500 million with the issue of new shares to fund expansion plans.
ERA said its majority shareholder Rio Tinto, which holds a 68.4 per cent stake in ERA, is fully supportive of the share offer and has committed to subscribe to its full entitlement.
ERA, a uranium producer, will offer 12 new shares for every seven shares held, at a price of $1.53 per share.
12 shares at $1.53 = $$18.36
Divided by 7 = $2.62
Is this the effective placement price?
- Forums
- ASX - By Stock
- ERA
- Ann: ERA Capital Raising
-
- There are more pages in this discussion • 8 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 ERA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $797.3M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.4¢ | $65.11K | 1.808M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 120766 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 151027 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 120766 | 0.035 |
2 | 127800 | 0.034 |
3 | 60500 | 0.033 |
2 | 266000 | 0.032 |
12 | 136484 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 151027 | 1 |
0.037 | 120193 | 2 |
0.038 | 100000 | 1 |
0.040 | 100000 | 1 |
0.041 | 23800 | 1 |
Last trade - 15.58pm 21/06/2024 (20 minute delay) ? |
Featured News
ERA (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online