Big vote of confidence by Anglo in the Prieska Project. Redemption date of the Prefs were to be the earlier of 7 years after the issuedate (issue date was Nov 2015) or 4 years after the Mining Right has been issued. Anglo chose to take the early settlement in shares and not in cash - they must like the story. See link below, it gives some info on the fund.
https://southafrica.angloamerican.com/our-stories/the-anglo-american-sefa-mining-fund.aspx
Ann: Anglo American sefa Mining Fund to become Orion shareholder, page-2
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.3M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $4.435K | 277.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1322502 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1721787 | 6 |
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| Last trade - 11.46am 30/09/2024 (20 minute delay) ? |
| ORN (ASX) Chart |