RQL 0.00% 26.0¢ resource equipment ltd

capital raising, page-12

  1. 1,849 Posts.
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    firsttothetable

    how do you know this? was it released somewhere?

    whats the difference between a cap raise and a spp?

    the company previously announced $10-12 mil in expenses to increase its capital. I wonder if this figure has now increased. There is already $5mil from excercised options (i think) and some cash on hand, so I am guessing that maybe $20 mil or more of capital will be bought.

    If that reflects expansion due to organic growth, then I will be happy.

    Any thoughts?

    ps whats the difference between a cap raise and a spp?

    thanks for the info
 
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