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Brett M H

197 Posts.

18

13/06/18

19:38

Post #: 33690727
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Originally posted by Thanky ↑

The raise amount will be too substantial an amount to muck around with trying to raise through a share placement.

Much easier and quicker to pitch the acquisition to an existing substantial holder or new holder and get it all taken care of in a couple of days.

Will be interesting to see what the raise price is. It doesn't necessarily need to be at a huge discount, given this is a raise for an acquisition not to keep the lights on. It's also an opportunity for an institution to get a slice of the company when it would not be otherwise possible, unless an existing substantial holder would be prepared to sell a part or whole part of their holdings.

But no details yet so we'll see though the usual price reduces to raise price we often see with microcaps doesn't necessarily apply depending how the market values the transaction and the potential to drive increasing revenue and dare I say, profit

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@ Thanky - great stuff, thanks for the reply!!

That all makes sense.

Here's hoping for a decent raise price, and for a cracking acquisition / deal.

BTH Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 17.3¢		Change 0.008(4.55%)		Mkt cap ! $135.5M

Open	High	Low	Value	Volume
17.0¢	17.3¢	16.8¢	$30.63K	180.4K

Buyers (Bids)

No.	Vol.	Price($)
6	566270	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.5¢	1383189	13

View Market Depth

No.	Vol.	Price($)
1	23441	0.450
2	15506	0.440
2	31118	0.435
1	10000	0.430
1	15000	0.425

Price($)	Vol.	No.
0.455	8703	1
0.460	44183	3
0.465	5534	1
0.470	101613	2
0.475	24341	1

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