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50.0¢ 92 energy limited

You were on the money mate. Well done. Thankfully a good...

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bucklenut

231 Posts.

34

20/07/23

11:03

Post #: 68883866
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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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You were on the money mate. Well done. Thankfully a good outcome.

92E Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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