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50.0¢ 92 energy limited

Thanks for the update. That would be a great outcome. 92E needs...

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bucklenut

231 Posts.

34

19/07/23

10:35

Post #: 68860426
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Originally posted by matie001: ↑

Spoke with a mate in Canada who has his finger on the pulse over there. Said this is a "Flow Through" CR aiming to raise about A$5m primarily from Canadian investors, as there are tax advantages under this arrangement, and the issue price is usually at a premium to last traded price. I think this CR will be at A$.41. If my memory serves me, 92E did a flow-through CR last year as well.

I understand there will be an additional small component for Australian institutional and sophisticated investors @.30

So looks like no SPP or retail component this time around.

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Thanks for the update. That would be a great outcome. 92E needs a good run.

92E Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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