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20.5¢ minotaur exploration ltd

The 708 stuff all done and dusted within 3 hours , unlike IG6...

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JRPC

1,085 Posts.

147

14/04/22

06:55

Post #: 60844880
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Originally posted by SignOfTheTimes: ↑

My Calcs. The fact we got 19.36:1 has helped and the $0.25c IPO price has yielded less dilution. I had expected our in specie parcel to be around 25% of the offering, but it is roughly a third now, as less shares now need to raised for 15M

If that Reserved for founder IPO was 14M I would have been very happy, we would have had 50%

Unless you apply for the public, there is little to apply for . I held around 0.6% of MEP, so my stake in that parcel is around $15000.

Perhaps you can apply for over and it comes out of public? or you apply separately on each? I don't know yet.

Cash Value of $0.17 per share, but there are significant debts to pay..... @Ashentegra ?

DYOR. WE will see that Prospectus this week

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The 708 stuff all done and dusted within 3 hours , unlike IG6 this has intrinsic broker demand that is sticky without seed shares or even founder shares. a1m/carnaby touted as a comparison I thought IG6 would have listed at 60/70c from 20c it’s at 40c this has much higher demand. Also results of peak and Dennison within 4 weeks of ipo and these are moonshot drilling.

MEP Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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