Any Shell is worth 2mill MHM/VYS is worth 8mill.
EX Co comes along with a graphite/cobalt/tin/diamond/o&g/gold/rare earths etc project worth 8mill (cause its hot at the time).
Any Shell gives Ex Co 80% ownership (2M + 8M = 10M)
MHM/VYS gives Ex Co 50% ownership (8M + 8M = 16M)
Cash is king - but it dilutes incoming ownership to the point it might put them off. Granted thats not everyone but it narrows the businesses to put in. People want to retain ownership
Vysarn Limited, page-12
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $133.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 32.0¢ | $28.93K | 90.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1290 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 48739 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VYS (ASX) Chart |