DES
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4.26% 9.0¢ desoto resources limited

rights issue and sale of building, page-11

  1. tigermoth77
    380 Posts.
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    17/03/08
    23:17
    Post #: 3480873
    sgoni & quixotic4 are spot on. I think instead of 'strengthens balance sheet' the headline should have read...

    Destra announce a non-renounceable rights issue, underwritten by Prime, and convertible notes, issued to Prime, that could give Prime a controlling stake without paying a premium to the current shareprice.



    DES Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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