This is a significant transaction. We have been backed by a fund with $11b under management, a fund who is owned by NY Life Investment which has $500B under management.
What is a global fund doing investing in a $12m MC explorer.
Worrying about a 20% discount raise with options is just noise when you understand the gravity of a fund like this moving onto ADD’s books.
Ausbil would have done their research and understand the potential here.
This is a significant transaction. We have been backed by a fund...
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Change
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Mkt cap ! $5.326M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 9137000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8963277 | 14 |
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