RUM 8.70% 2.5¢ rum jungle resources ltd

stock issue price..., page-5

  1. 9,660 Posts.
    lightbulb Created with Sketch. 145
    MAD770: IF the A$ 10mio. at 14c is going to be correct, RUM's sp will come under pressure, i.e. normally the sp adjust downwards towards the issue pricing...
    On the one hand, it will be a positive for shareholders to have a well-financed company going forward.
    On the other hand, the dilution for existing holders will not be a positive, of course.
    I guess we shall have to take the good with the bad!
    wasa
 
watchlist Created with Sketch. Add RUM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.