EVG 0.00% 3.1¢ evion group nl

To the best of my knowledge that is it Loki.Option conversion in...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. cy7
    930 Posts.
    To the best of my knowledge that is it Loki.

    Option conversion in Dec 2011, will supposedly cover other capital needs, and then cash flow from Las Lagunas

    None of us is a great fan of dilution, but at least in this case it is to increase our holding in Las Lagunas to 100% and promote development opportunities elsewhere, and as you say it was expected.

    EVG may currently be attracting a lot of day traders, and a placement will not be what they were looking for.

    Going to 100% of the project will be quite a milestone for the company. I would like to think both EVG and the minority holder do well out of the deal. That way both of us win.

 
watchlist Created with Sketch. Add EVG (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.000(0.00%)
Mkt cap ! $7.980M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 255411 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 41206 1
Last trade - 10.54am 28/11/2024 (20 minute delay) ?
EVG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.