NMT 10.9% 8.2¢ neometals ltd

Rights issues - Who is participating, page-23

  1. 1,117 Posts.
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    I still haven't decided. The share price could do very well after this rights issue once the funding monkey is off our back.

    I have recent experience from RED where they were at 25c, forced into a CR at 13.5c with a rights issue at the same price, traded down to ~12.5c shortly after but since then RED hasn't really looked back and is up ~170%.

    I know, it's a completely different company etc, but a discounted rights issue can be a rare gift from the gods.

    https://hotcopper.com.au/data/attachments/5795/5795326-b83bd619b9c12211a91e9ee26fcd2faf.jpg
 
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