RMS 5.07% $2.06 ramelius resources limited

second trading halt - capital raising???, page-7

  1. 8,034 Posts.
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    I think it is pretty clear

    Trading halt requested in regard to a capital raising

    The Sprott money was a share placement

    I think Sprott would be disappointed if the CR wasnt for 20 cents

    I really don't see the rush to raise cash

    Of course Vivien will cost money
    But with cash on hand and money earnt in the second half
    There should be enough cash

    The share placement for half the buy price of Vivien
    Was quite acceptable
    The market even liked it

    What would the CR be for
    $10 million would be 50 million shares
    That wouldn't be too bad
    But the chances are the SP will be a lot higher in 6 months
    Why not then

    Imoo
 
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