NQM 0.00% 40.5¢ north queensland metals limited

trading halt, page-3

  1. 559 Posts.
    :-(

    raised 13,7 mio shares @ 0,37 and 11 mio shares @ 0,22 effectively 24,7 mio shares @ 0,303 A$.

    Share price dropped exactly to that level. If we have 152 mio shares (including SPP) we have fd m/c of 45 mio A$ now.
    Good for investors which want to buy now. Bad for existing holders.

    The only way out here is to offer a SPP with a maximum price of 0,22 A$.

    Pisa_
 
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