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11.4% 4.9¢ eq resources limited

There are 268.3 Million shares on Issue.Mitsubishi lent $1.0...

  1. Todays
    1,401 Posts.
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    04/04/14
    07:24
    Post #: 13213006
    There are 268.3 Million shares on Issue.
    Mitsubishi lent $1.0 Million (USD) for 2.7% or 7,244,100 Shares. (Per Announcement)
    Therefore $0.138 USD cents Per share or $0.1518 Aust Dollars (@$0.90)

    CNQ management have negotiated with Mitsubishi $0.1518 cents per share as security for a loan after completing “Technical due diligence”

    Average share price for the last 3 Months say $0.048 Current $0.054 (Up 8% yesterday)

    Please DYOR.
    CNQ Price at posting: 5.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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