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0.00% 0.4¢ somerset minerals limited

any one take the placement

  1. busylion
    327 Posts.
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    26/05/08
    11:10
    Post #: 3765514
    the share placement for instoes and sophisticated investors has been announced and I heard the term of placement is better than the SPP (with 1 for 2 unlisted option, strike price 15c, 2 years term).

    Anyone intend to take the placement?

    The management seems like to raise more capital for its projects and more dilution. i suppose once they get more funds, they can fast track their projects.

    cheers,
    BL.
    TMR Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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