WAG 0.00% 28.0¢ the australian wealth advisors group limited

raising $2.2 million

  1. 1,709 Posts.
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    What is the likelihood of them raising the $2.2 million and resurrecting the stock?

    I would have thought that the PacPyro acquisition had a lot more going for it than Ephraim Resources does and yet it fell over.

    Having said that the PacPyro acquisition required a raising of $5 million whereas the Ephraim resources acquisition is less than half that amount at $2.2 million.

    If it is to raise the money and re-list what does everyone else think the share price will be upon re-listing, given the 1:28 share reconstruction and the issue of over 1.5 billion shares?






 
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