MNQ 0.00% 0.0¢ minquest limited

Public offer is not at 1.3c , this is still to be determined and...

  1. 638 Posts.
    lightbulb Created with Sketch. 39
    Public offer is not at 1.3c , this is still to be determined and is based on where the share price is at the time of raising funds

    The announcement mentioned 1.3c at the time of its release as a scenario of how many shares would be on issue under that scenario, to give the market an idea octave capital structure

    If the share price is higher above say 2c then less shares need to be issued for the public offer is done well above 1.3c and possibly avoid the new recent ASX rules requiring raises below 2c to consolidate its shares
 
watchlist Created with Sketch. Add MNQ (ASX) to my watchlist

Currently unlisted public company.

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