MOD 0.00% 42.5¢ mod resources limited

not sure to be honest. Just having a quick look over the 3b....

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. 257 Posts.
    lightbulb Created with Sketch. 2
    not sure to be honest. Just having a quick look over the 3b. Maybe the Placement falls under rule 7.1 which allows 280m shares to be issued, whereas the rights falls under rule 7.1b which allows an additional 189m shares to be issued.

    I'm definitely not happy with the discount. I do wonder if maybe some of the assays that we have been waiting for have been received with no material intercepts of copper (I don't know if that would be a required to be announced separately).
 
watchlist Created with Sketch. Add MOD (ASX) to my watchlist

Currently unlisted public company.

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