true, its not a big deal and the options won't adversely effect current or future holders. but just a bit sneaky cause the ASX had to force their hand to provide some of the deal details. its reflective of the mngt attitude of keeping us uninfomed. it taints an otherwise good announcement cause they were forced to qualify their first announcement. in the context of events, "a number of other termination events common to agreements of this type" looks rather ominous, and the market reaction today seems to show a similar sentiment. i think the 300% CR is a good one, announcement could have been managed a bit better.
- Forums
- ASX - By Stock
- Ann: Underwriting Agreement to raise $4m
true, its not a big deal and the options won't adversely effect...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $1K | 1M |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
CLE (ASX) Chart |