AS1 0.00% 1.0¢ asara resources limited

Ann: Non-Renounceable Rights Issue to Fund Resource Drillout, page-2

  1. 4,759 Posts.
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    Okay, we all get a bite at this offer!

    Offer price is down a pip, which isn't quite as good a discount as the sophisticated ones got. But that was a small raising so the dilution wasn't too bad. And offering a two-pip discount would have been a disastrous cut out of the amount raised.

    Getting a free (or at least, included) tradeable option is nice. If the resource shapes up then 5c by end 2019 isn't impossible.
 
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