AAR 8.70% 10.5¢ astral resources nl

Ann: Trading Halt, page-6

  1. 1,262 Posts.
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    Bellaire

    I can see a couple of scenarios:

    1. issue say 10m shares at 8c for the next round of works, will get us through Q1/18: $800k
    2. some of the 70m unlisted 2c options and 10m 2.5c options are being exercised: max $1.65m

    To answer you question, I think 8 to 8.5c is realistic - there is no way you get 10m shares for 8.5c if you buy on market.

    EE.
 
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11.5¢ 11.5¢ 10.5¢ $132.7K 1.205M

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No. Vol. Price($)
3 402668 10.5¢
 

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Price($) Vol. No.
11.0¢ 410000 4
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