ISN isonea limited
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at what price?

  1. mymillions
    213 Posts.
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    27/06/13
    10:23
    Post #: 11934185
    What price do you think they can get the capital raising away at?

    5 day VWAP (based on closing price) is $0.394
    10 day VWAP (based on closing price) is $0.392

    Thus, I think a credible raising would be in the $0.355 - $0.375, which is a 10% - 5% discount to VWAP.

    The bonus would be if they could get it away a premium to this, with support of Mathieson and similar.
    ISN Price at posting: 36.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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