RWD 0.00% 7.0¢ reward minerals ltd

the higher the debt to equity raised for capex the better imo....

  1. 7,743 Posts.
    lightbulb Created with Sketch. 59
    the higher the debt to equity raised for capex the better imo. they should have faith in the projected cash flows and raise as much debt possible. perhaps $120m in shares @ $1.20 and the rest in debt. dont forget a high grade brine sop project will be very attractive to global manheim producers looking for substitution so the sp will attract some sort of premium in the sp for this imo.
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.000(0.00%)
Mkt cap ! $9.114M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 240000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 20000 1
View Market Depth
Last trade - 16.12pm 29/11/2024 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.