ADN 5.88% 0.8¢ andromeda metals limited

its a simple calculation sz. shares issued = money raised /...

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    its a simple calculation sz. shares issued = money raised / raise price.

    The reason you ask this is that 60M at todays price is a tough ask and this suits your argument...

    But..... it is simply a hypothetical question. Why?

    1) Debt Funding proceeds any other funding. We need these details and we will soon see them
    2) The cornerstone will get a look in, and we noted the odd post about WAK
    3) We have 5 potential announcements in August, I don't expect the price to stay here. I expect at least 4.
    4) We are not raising at todays share price

    So if there is a CR/SPP/Rights open to us (I heard equity raise overseas), it will not be for $60M and it won't be at todays price.
 
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