EXT excite technology services ltd

kah 41.76m placing at 232 pence, page-6

  1. 2,339 Posts.
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    Hi Harlee

    Purchasing KAH shares @ 2.32GBP equates to buying EXT shares @ ~A$8.35.

    According to KAH's announcement

    Quote

    "Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration13 December 2010 Kalahari Minerals plc (`Kalahari' or `the Company') Placing to raise �41.76 million Kalahari Minerals plc, the AIM listed resource company, announces that it hasconditionally raised �41.76 million (before expenses) by way of a placing of 18million new ordinary shares of 1 pence each (`Ordinary Shares') in the capitalof the Company (`the Placing Shares'), with existing shareholders"

    So I asume Rio, Itochu and APAC Resources, all of will be the existing shareholders that will get the share from KAH's placement.

    If this happens it will mean all three will have increased their indirect stake in EXT.

    Regards

    Steve


 
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Mkt cap ! $20.72M
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0.9¢ 1.0¢ 0.9¢ $47.68K 5.278M

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1 400000 0.9¢
 

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Price($) Vol. No.
1.0¢ 6370837 8
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