LKE lake resources n.l.

Ann: Proposed issue of securities - LKE, page-2

  1. 17,680 Posts.
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    What on earth is going on with LKE...issue price 40 cents per share ??


    https://hotcopper.com.au/data/attachments/6936/6936638-1a348daaee0e1df4c5df78b7a763627e.jpg


    Firstly, we get...

    "...to raise $2,250,000 (inclusive of costs) by agreeing to issue 56,000,000 Lake fully paid ordinary shares to Acuity Capital at an issue price of 4.0c per share."

    When 56 mil shares x 0.04 per share = $2,240,000

    Now we get an issue price of "AUD 0.40000"...40 cents per share.

    SIGH !!

    IMO DYOR
 
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Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $54.09M
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3.0¢ 3.1¢ 3.0¢ $10.78K 359.2K

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42 6788112 3.0¢
 

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Price($) Vol. No.
3.1¢ 4991726 27
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