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0.00% 3.3¢ great western exploration limited.

Ann: Placement & Entitlement Issue to Raise $0.8M, page-2

  1. neko
    3,820 Posts.
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    27/04/20
    10:08
    Post #: 44272544
    Talk about mates rates.
    a 60:1 consolidation should see it at 12c
    Hartleys have agreed to put money in on a post consolidation basis at 1c.
    How? They are raising at a $200K market cap.
    There will be 20M shares post issue at 12c = $2.4M
    They are raising at 1c = $240K
    Am I reading this wrong?
    GTE Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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