NXR
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0.00% 2.0¢ nemex resources limited

Ann: Wavefront Investment Update and Capital Raising Plans, page-177

Currently unlisted. Proposed listing date: WITHDRAWN
  1. FullMoonFever
    6,196 Posts.
    lightbulb Created with Sketch. 2715
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    25/11/15
    12:49
    Post #: 16473833
    Hey @zaqmlp

    Welcome to the threads.

    Nah, they not need to proceed with the extra 11% as that would involve paying more $ to do so when they can wrap up 50.5% via the existing holding plus cicero %.

    All they need is over 50% to essentially gain control of the IP.
    NXR Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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