An important issue to me is the size and pricing of the expected capital raising. The bankable study refers to 30% equity funding - see footnote on page 14 where there is reference to a 70% debt funding package.
This appears to be suggesting a circa $50 m capital raising is coming soon with all the dilutiion that could entail for existing shareholders depending on the pricing.
In short, hard for the share price to increase with the overhang of this raising imminent.
- Forums
- ASX - By Stock
- FND
- Ann: Wetar Copper Bankable Feasibility Study
Ann: Wetar Copper Bankable Feasibility Study , page-5
-
- There are more pages in this discussion • 2 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
Add FND (ASX) to my watchlist
|
|||||
Last
$3.39 |
Change
-0.150(4.24%) |
Mkt cap ! $166.9M |
Open | High | Low | Value | Volume |
$3.53 | $3.53 | $3.34 | $228.6K | 67.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 333 | $3.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.40 | 8829 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 333 | 3.380 |
4 | 6881 | 3.360 |
1 | 2000 | 3.350 |
2 | 2305 | 3.340 |
1 | 750 | 3.330 |
Price($) | Vol. | No. |
---|---|---|
3.400 | 8829 | 2 |
3.410 | 379 | 2 |
3.420 | 1418 | 2 |
3.430 | 133 | 1 |
3.440 | 212 | 1 |
Last trade - 15.33pm 15/08/2024 (20 minute delay) ? |
Featured News
FND (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online