also will get $6m from the 400m oppoes that’l be converted at 1.5c (esp with a 5yr window).
So that’s $26m USD (circa $40m AUD in debt & $6m AUD in equity). Not bad for a spec at < $40m AUD mcap to get this $.
Companies like Wingfield @Skell don’t invest a huge chunk in a small cap to be #1 holder, follow it up by taking > $1m AUD at 3c in rights issue & then offer $10m debt looking for day trades. These guys are in it for the long haul.
We get due diligence completed by them & IDC, get this SBC 50m soi or so absorbed & off to re rate hopefully.
Ann: WWI Receives Indicative Terms For Additional Debt Facility, page-5
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1.5¢ |
Change
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Mkt cap ! $38.12M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $93.75K | 6.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3978428 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1024706 | 3 |
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| Last trade - 15.17pm 18/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |