TRH 0.00% 83.0¢ transit holdings limited

untouchable 3.8 billion tonnes potash ev $108k, page-15

  1. 2,273 Posts.
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    The share price was approx $0.195 when that placement (at a premium LOL) was announced. I wonder if they can change the price given strong appetite for Potash stocks/Thermal Coal stocks and the fact that RAD has doubled in price. Also FMJ was able to undertake a placement at a premium.

    Who is the broker organising the placement? Imagine trying to purchase 10 million shares on market.

    20 cents does appear to be a fantastic deal for the buyers, especially given that EV would be minus $5 million at that level. That is assuming this coal deal is progressing.
 
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