WR1 6.50% 57.5¢ winsome resources limited

Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-457

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  1. 17,037 Posts.
    lightbulb Created with Sketch. 3251
    "WR1 recently raised $60m I wouldn't call this 'highly anti-dilutive' it's still an exploration company."

    Well lets see, $50mil raised for 20mil new shares at an average of $2.50 per share - you are welcome to check it before mouthing off.

    That represents just 11% of dilution vs your rampy Azs which did $20mil at 25c LOL

    Next CR with Canadian Flow Through funding will be at 2x the market sp....yes it is highly anti dilutive compared to WA explorers smile.png

    What? So you expect our rigs will remain idle indefinitely for some bushfires? Its just a phase mate.

    Relax...
    Last edited by kevin103: 02/07/23
 
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