West African Resources was in front of fund managers on Tuesday, seeking to raise $120 million via a single tranche placement.
The 87.6 million new shares were offered to investors at $1.37 apiece, a 13.8 per cent discount to the company’s last traded price and a 13.6 per cent discount to the five-day volume-weighted average price.
Euroz Hartleys was sole lead manager on the transaction, the proceeds of which will largely go towards funding WAF’s Kiaka gold project.
more to come
Ann: Trading Halt, page-20
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $1.895B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.69 | $1.63 | $3.297M | 1.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2634 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 6227 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WAF (ASX) Chart |