DTR 0.00% 0.9¢ dateline resources limited

Ann: Non-Renounceable Rights Issue, page-3

  1. 37,911 Posts.
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    because SXX bought so many DTR shares at 1 cent, SXX is a comparable vehicle, even though SXX will probably own around 35% of DTR after this capital raising

    say DTR reaches 12 cents. the gain on the current DTR share price will be 300%. based on my spreadsheet SXX will be worth 3.5 cents, which is a 289% gain from the current 0.9 cents .

    say DTR reaches 24 cents. the gain on the current DTR share price will be 700%. based on my spreadsheet SXX will be worth 6.6 cents, which is a 633% gain from the current 0.9 cents.

    plus SXX will have the remaining Fiji cash (say $4M to $5M, after repaying loan and investing more in DTR) to possibly fund another project

    Last edited by ddzx: 17/04/18
 
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