Australia's largest stock trading and investment forum Australia's #1 stock forum

TIH tillegrah limited

0.00%

0.0¢

Is Additional Cap Raising for US Exchange?, page-2

First 2 Last

Share
Profile

Follow
ryan1986

2,167 Posts.

22/10/15

11:28

Post #: 16228553
Share

Originally posted by NewToItAll ↑

Just a quick question regarding the Resolution for additional Cap Raising to total 25%

Previously it was mentioned that one of the reasons BOD chose LWP was because it was also available on the US Stock Exchange.
Would it be that they would want a nice chunk raised to US Investors, to basically populate that exchange?

Additionally I recently read that you need to have a minimum MCap of like $200m to be able to list there... so if we diluted an additional 25%, and got to a price of 4c... that would just about do it wouldn't it?

Yeah I understand what everyone is saying about what the money will be used for etc... But I was just wondering if there was also another reason for it.

Everyone's thoughts (good or bad) would be appreciated.

Expand

Was thinking along a similar line too but didn't want to speculate too far in advance.

But yeah I agree with where you're heading...considering one of Eddie's targets happens to be 4.25c

LWP Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASE

Astute delivers high-grade lithium hits at Red Mountain

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Most investors will get this earnings season wrong. Will you?

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Is Additional Cap Raising for US Exchange?, page-2

Top Stories

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Most investors will get this earnings season wrong. Will you?

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News