BAT 5.56% 1.9¢ battery minerals limited

$5m U.S. cap raise $28.3m cap raise Approx. 700m new shares...

  1. 8,662 Posts.
    lightbulb Created with Sketch. 156
    $5m U.S. cap raise
    $28.3m cap raise

    Approx. 700m new shares alone from above imo

    Will there be an escrow period for the sale of these shares on the market to at least show good faith to current long term holders ??

    imo, Both will have a field day selling for a long time and making nice profits well before long term holders and true believers break even

    Why would they need the 10c option money in 5 years time ??

    DYOR
    Last edited by qqqqqqqqq: 04/05/18
 
watchlist Created with Sketch. Add BAT (ASX) to my watchlist

Currently unlisted public company.

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