AAG 0.00% 28.0¢ aragon resources limited

jtcash is fine, get the cash for WGR by selling the AAG holding....

  1. 337 Posts.
    jt

    cash is fine, get the cash for WGR by selling the AAG holding. Gives the other guys 20%. Then AAG issue whatever works out to be 31% again to get over the line of 51%, (so really just over half the total holding currently not held by WGR). If MLX jump on board you issue even less new shares.

    You end up with a heap of shares on issue with a price that will probably be the issue price of the new batch of shares.
 
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