It may be positive if they have a well know broker as the underwriter. I assume the capital raising is for the equity component + working capitial to get the project rolling, before they do the final debt component with the banks.
It looks like RAU isnt going down the path of diluting their ownership of the project.
- Forums
- ASX - By Stock
- BIG
- material capital raising again???
material capital raising again???, page-5
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online