WTM 0.00% 11.0¢ waratah minerals limited

I was reading the prospectus tonight Although the stock is...

  1. 1,362 Posts.
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    I was reading the prospectus tonight

    Although the stock is currently at 5.5 c - definitely tree shaking going on

    The cap raise is a good deal to access the 10c options in 5 years

    If everything going to plan it will be well above 10c

    Suppose I want to know if these options will be exercised earlier before 2023

    I have not bought options before but I imagine it would be like a cap raise

    They also discussed in the prospectus that they could do another cap raise prior to 2023

    Is there anyone Else participating in the cap raise and why ?

    Thanks

    Looking forward to everyone’s chat
 
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