It was announced and is only 1/3 of new shares coming to market.(see below) Although i think we can safely say that SKN and noble are interseted in the asset and will not be selling on market. Im not sure about harums interests.
Equity raising of A$153 million through three inter-conditional placements of Shares
-A$50 million placement to SKN delivering 1,000.0 million Shares
-A$43 million placement to Noble delivering 866.0 million Shares
-A$60 million placement to institutional and sophisticated investors delivering 1,333.3 million Shares
?SPP at an offer price of A$0.045 per share to enable eligible existing shareholders to participate in Cockatoo's equity raising by subscribing for up to A$15,000 worth of new Shares (irrespective of the number of holdings)
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It was announced and is only 1/3 of new shares coming to...
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