CEL
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4.08% 4.7¢ challenger gold limited

Ann: Placement to Strategic Investor at Above Market, page-18

  1. scittyandcross
    5,300 Posts.
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    03/04/24
    07:59
    Post #: 73159089
    "Accordingly the placement, which was completed at price of 8.5 cents, has a 1 for 1 option exercisable at 14 cents for 12 months."

    So he has invested on the basis that he expects to make a minimum of 75% profit in 12 months.
    Last edited by scittyandcross: 03/04/24
    CEL Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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