ATU 0.00% 0.5¢ atrum coal limited

Given that they're likley about to raise funds at around "80% of...

  1. 191 Posts.
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    Given that they're likley about to raise funds at around "80% of the volume weighted average market price"... I cant imagine many buyers being too keen right at this moment.

    Personally I hope they can secure some debt finance (would be good to lock in some sort of offtake anytime soon). The last placement was certainly pitched as a 'last time we need to throw the hat around' type arrangement.... And even though this round would be to finance what looks like a good investment in ACG... They've been saying for a very long time now they wont need to go back to marker to raise any more funds. I'd be keen if the last placement was indeed... the last (not including a JV partner).
 
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