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20.5¢ wiluna mining corporation limited.

Such a very solid post. Suggest all re-read - or even re-read!...

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pgrace

5,191 Posts.

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12/12/17

23:30

Post #: 29583317
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Originally posted by newB ↑

Hey hey this is interesting.
Blackham is doing a $12.3 m right offer, with $2.65m underwritten. Even if no retail shareholders take the offer, there will be only $5-6 millions less fund to be raised.

Is that a big deal? nope. people please don't forget this is a fund package deal not a purely CR, the $50m loan + $7.35m + $2.65m (and plus possibly $5-$6 millions will be taken by institute investors), that will get BLK more than $60 million cash injection.

So retail investors' participation (or not) won't have huge impact .

And don't forget, BLK management has very good tracking record to suddenly boost up the sp with a series of announcements, and make many of you guys regret not participating the CR.

For those "none-holders, who actually show far more" interest" than the holders and monitor BLK 24 X 7 to , can you please keep mouth shut for a while, and leave it with the holders to decide?

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Such a very solid post.

Suggest all re-read - or even re-read!

That would be a blessing.

Gracie
PS - A shareholder for quite some time!

BLK Price at posting: 10.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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