PSC
Prospect raises $14m in Placement
- Prospect has received commitments for $14m to be raised via the issue of 280m shares at 5c per share, subject to shareholder approval.
- Placing price of 5c is at a significant premium to the 20 day VWAP of 3.6c (calculated up to 19 July 2016, source: IRESS).
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- Morning Traders Wednesday 20th July
Morning Traders Wednesday 20th July, page-11
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