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4.2¢ health and plant protein group limited

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dunnomuch

2,237 Posts.

913

10/11/20

11:03

Post #: 48761695
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Originally posted by Artvandelay01: ↑

$6.2m @ $0.17, $2.2m placement and $4m rights issue. No acquisition - some capex, working capital etc. Cant really justify this raise without repayment of AMD con notes or an acquisition on present evidence so I’m a little confused.

Bit of extra liquidity is the main positive that I can see at this stage.

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I was just about to post the deal sheet for you, not sure if you get these deals or not?
Anyway, doesn't look compelling from what I can see. maybe it won't get fulfilled and there will be a further offer?

BUG Price at posting: 23.5¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

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