Round oak cost $34 million in net cash + 1.466 billion shares (before 7:1 consolidation). Those shares are now worth only $25 million so WHSP has received approximately only $60 million from the sale of Round Oak.
At the same time in May 2022, Aeris raised $85 million from a capital raise. So Aeris cash balance actually went up 85-34 = $61 milion in mid 2022.
The capital raise associated with the Round Oak deal has helped fund the development of Budgerygar and Avoca tank. Unfortunately, Budgerygar was delayedby approximately 9 months which significantly impacted copper production for the year. The Zinc price collapsed and Jaguar ran at a big loss this year. So shareholders (including me) who collectively coughed up $85 million lost most of their money.
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16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $159.6M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.0¢ | $310.5K | 1.894M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 197483 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 75000 | 3 |
View Market Depth
No. | Vol. | Price($) |
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13 | 170818 | 0.160 |
10 | 794545 | 0.155 |
12 | 1350524 | 0.150 |
4 | 583500 | 0.145 |
9 | 946563 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 75000 | 3 |
0.175 | 380255 | 5 |
0.180 | 779730 | 15 |
0.185 | 647226 | 11 |
0.190 | 303321 | 10 |
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