Reference Midwest Lithium (MWL) I just received an email inviting me to invest into its IPO - they are seeking $13 million to $17 million in exchange for ~20% equity
South Dakota hard rock lithium play
This is the company, AZL took an approximate 11% stake after outlaying $1.25 million USD.
Interesting to note that at the minimum subscription level of $13 million, the market cap will be $ $66 million AUD- so post IPO, AZL stake will be ~8%
AZL market cap today ~$50 million -- hmmm - don't think they thought that would be the case when they were cashed up and bought into MWL and the Canadian assets.
Prairie Grade & Flow Rates, page-28
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $2.405K | 160.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3035846 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 4828650 | 24 |
View Market Depth
| Last trade - 09.59am 13/09/2024 (20 minute delay) ? |
| AZL (ASX) Chart |