Good post, thank you. Got me investigating. Can see the Nebari investments here https://nebari.com/
If Lion are willing to invest $1m into the Sandstone project one would imagine they'd be willing to invest a significantly higher amount into a far superior resource/prospect.
Sounds like the acquisition will be completely or partially funded by a third party. I wonder what price shares will be issued at. A premium and the stock gets a nice bounce. Regardless, any long term strategic investor is a positive.
Ann: Voluntary Suspension, page-38
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Last
67.5¢ |
Change
-0.055(7.53%) |
Mkt cap ! $324.4M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 67.5¢ | $1.162M | 1.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 28110 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 73.0¢ | 1241 | 1 |
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| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
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67.5¢ |
Change
-0.055 ( 8.38 %) |
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| Open | High | Low | Volume | ||
| 73.0¢ | 73.0¢ | 67.5¢ | 350704 | ||
| Last updated 15.56pm 11/06/2024 ? | |||||
| FFM (ASX) Chart |