ANS 0.00% 1.7¢ austsino resources group limited

ANS and SDL new high IRON ore, page-10

  1. 8,664 Posts.
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    Golden goose laying down golden eggs. Hehe You keep suggesting that ANS will raise HUGE money. Do you suggest that the right issue 3 for 1 with another 15 billion new shares on issue to raise $225 million. Are you ready to subscribe it?

    Possibility:, ANS may raise around $7.5 million using additional 10 per cent placement capacity of 500 million news shares to sophisticated Chinese investors. You should be lucky if this would happen otherwise as a shareholder of ANS, you need to come up with more money from your pocket otherwise it will be a heavy dilution.
 
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Currently unlisted public company.

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