Tricom are co-ordinating a $100m placement in EWC Limited at a price of $1.20 , representing a 14.3% discount to the last traded price
The offer is open to institutions and sophisticated investors only
More information about the company is in the research report attached.
You will note Tricom have a $1.65 price target however a discovery of an additional 500 BCF of gas could see this valuation increase to $2.35. I have attached a research report on the company
tricom
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