Looks like the Market is factoring in the additional 80% of Rahu?
Anyone like to shed any further light?
A theory May be;
- Lets say we raise a Sum of $2.5 Million from the SPP as an example.
- Then the additional 80% of Rahu is going to cost us approx the same amount of $2.5 million also, either through allotment of shares to Newcrest or mostly cash payment as an example.
- will the SPP & 80% purchase of Rahu 'CounterAct' each other out for instance. This would be a perfect scenario for NTL, and add quite a few Pips to our Share Price
Just a thought bubble
Ann: Talisman Acquires 80% of Rahu from Newcrest, page-9
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