15% ownership at 1c/share payment + fully paying out any existing and future debt before relisting the company, according to the article
So it would work out at paying more than 1c per share, if you consider the debt payment as part of the share placement also. You may as well consider it that way, because that will be the cost to Glencore.
Personally, I'm all for it. Best thing I've heard so far.
- Forums
- ASX - By Stock
- A40
- Canaccord Oppose DOCA
Canaccord Oppose DOCA, page-734
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A40 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online