EGA 0.00% 28.5¢ egan street resources limited

Ann: Financial Advisor for Development of Rothsay Gold Project, page-16

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. 10,813 Posts.
    lightbulb Created with Sketch. 863
    It is pretty common to get options thrown into a deal like this (usually priced well under the current SP), but I can't remember a financier taking all script at a strike price well north of the current SP. @Barolobill do you know of another example?

    Edit. Actually reading the annoucement again I don't think that the deal is all script. They will probably get some cut of the amount raised too. It still does change that the strike price is very bullish.
    Last edited by Davisite: 30/06/18
 
watchlist Created with Sketch. Add EGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.