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0.00% 1.7¢ adherium limited

How does attempting to raise $15m at 1.5c (more than the current...

  1. Yenom23
    1,270 Posts.
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    17/03/21
    15:59
    Post #: 51839350
    How does attempting to raise $15m at 1.5c (more than the current mkt cap) and viburnum converts the 3c last placement at 1.5c too - so their 100m shares turn to 200m shares
    Oh and they get 1 option for every 4 shares they subscribe for..
    Sound good?
    Maybe it trades below 1.5c as people strip the shares for the free options - who knows
    Just a hunch of mine
    ADR Price at posting: 2.1¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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0.000(0.00%) 		Mkt cap ! $12.89M
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1.7¢ 1.7¢ 1.7¢ $3.01K 177.0K

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