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clock Created with Sketch. 30/08/21
12:43
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Originally posted by Ty Cat Mac:
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Raising $400m in equity based on MC today of $923m suggests selling around 30% of the company (in round figures: issued shares around 1,800,000,000 + 800m at 50c =2.6b shares on issue. 800m = 30%
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Originally posted by Ty Cat Mac:
↑
Raising $400m in equity based on MC today of $923m suggests selling around 30% of the company (in round figures: issued shares around 1,800,000,000 + 800m at 50c =2.6b shares on issue. 800m = 30%
Expand
im not questioning the need for funding or how they do it. I agree with their approach. Im looking for insight on what may happen after they do what is, frankly the most monumental thing the coy will do. I can only foresee good news, but facing my (annoying) belief the SP will drop.
(20min delay)