ENB eneabba gas limited
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Because as a result ENB will have a cash injection in 3 years...

  1. grahod
    6,020 Posts.
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    30/05/09
    08:29
    Post #: 5222400
    Because as a result ENB will have a cash injection in 3 years time if the share price is larger then the exercise price.

    They will also have a immediate cash injection if people take up the new issue.

    Regardless there is going to be dilution anyway eventually.

    No real point not voting for it. In fact you'll have a opportunity to get more exposure to this stock via the oppies after they list and enjoy the leverage if the heads move up.
    ENB Price at posting: 28.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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