NZC 0.00% 36.5¢ nzuri copper limited

Capital raising - ouch to the discount!, page-21

  1. 5,633 Posts.
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    Nobody contended that they needed to raise, they had cash for another quarter and that's it. This is a raise to a sticky, 10bn cobalt company. Much better to them at a discount than raising at a higher price to retailers/sophs who will dump on market and create overhang.
 
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