NIC 1.84% 80.0¢ nickel industries limited

Ann: US$225M capital raise to fund 30% acquisition Oracle Nickel, page-9

  1. 3,352 Posts.
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    Interesting the SPP doesn't sound too big (US$13m), yet inviting shareholders to apply for up to $30k.

    Could be massively oversubscribed and scaled back? Would be frustrating to have $30k in the ether to end up with $1 or $2k in final allocation.

    Not sure how I'm going to play this one, may just apply for smaller amount given the discount is pretty small to market price.
 
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