XTC xtc lithium limited

Ann: Xantippe to Raise up to $20 Million in Placement & SPP, page-45

  1. 313 Posts.
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    Well the company has do a write job of this. IMO a share consolidation should have been done first lets say 5 to 1 which would of raised the sp to 3 cents and shares 1.62 billon shares on over. Then raised capital at 2.5cents which is only480mill shares total just over 2.1 bill. Why would you buy in now at 0.006 cents for example

    5 million shares $30000 with 2500000 free options convert down track $37500 total 7.5 million shares owning $67500 average price 0.009
    Buy 7.5 million XTCO at 0.004 Is $30000 convert down track at 0.0035 for 26250 you still have 7.5 million shares owning $56250 average price 0.0075

    The other main point the investor would not of dropped that sort of coin without some knowledge of what's coming. Share price down today are they going to get discount like last time. IMO
 
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