Australia's largest stock trading and investment forum Australia's #1 stock forum

CFE

Click for more information

0.00%

0.2¢ cape lambert resources limited

Cape Lambert, page-5

First 5 Last

Share
Profile

Follow
Sniper88

2,883 Posts.

04/05/17

07:56

Post #: 24457260
Share

Originally posted by Kiwi67 ↑

Cape Lambert Resources will seek to raise $4 million through a fully underwritten placement to UK and European investors, at a 300% premium to its last closing share price.
"The agreement will see Cape Lambert offer 94.1 million shares at 4.25 cents per share"

http://www.news.com.au/finance/busi...m/news-story/f86e2c094aef7b17d91987bdace90458

Yes that's right sniper. As we now know from history that major CFE investors were non to happy with Sage and the cash drain and share price and were making it clear that they would use there voting shares to show how unhappy they were.

Enter the UK and European investors and 94.1m shares.
As we also know from history provided by these unhappy investors and doc's . AISC continued to fail to again the identity of the "UK and European investors" and 94.1m shares right up to the vote in Dec 2016 to remove Sage where the "UK and European investors" and 94.1m shares turned out to be a law in the Cayman Islands. And of course we know the out come of that vote.

"I know who the smart player is here......."

These are facts and have all been posted

Expand

so they did raise 4m at 300% premium......

CFE Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

TTT

Titan raises $20M to 'get cracking' at Ecuadorian Dynasty silver-gold project

NPM

NewPeak's energy transition hits new frontier with QLD vanadium foray

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 7 more messages in this thread...

First 5 Last

Add CFE (ASX) to my watchlist