MCE 0.00% 36.0¢ matrix composites & engineering limited

the "cost" of the capital raising

  1. 23 Posts.
    Other than the obvious dilution of shares, looking at the Investor Presentation on the 23rd May......

    Capital Raising expected to raise $36,700,000 as per page 10 of the presesntation.

    The Pro-Forma Balance Sheet (post capital raising) on page 12 of the presentation shows net assets increasing from $101,104,054 to $136,143,749.

    The difference is approximately $1,500,000 which i assume is the "cost". If anyone has any insight into this please share with us as I am just assuming the above.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.