AAG 0.00% 28.0¢ aragon resources limited

re: Ann: Quarterly Activities and Cashflow Re... SunburntLand -...

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  1. 293 Posts.
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    re: Ann: Quarterly Activities and Cashflow Re... SunburntLand - rather than raising money from UK investors now I reckon they'll look at pushing the share price up from the current price of 19c to get it up to just under 30c so people exercise their 25c options that expire in September 2010.

    Someone will underwrite the oppies that aren't taken up and they'll probably do another raising at the same time to fund the next stage.

    Lets hope the current shareholders get a slice of the pie with an SPP or something though. we can't have all the sophisticated investors getting the cheap stock
 
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