NAG 8.70% 2.1¢ nagambie resources limited

Why Pay more than 6.2c for NAGs241,935., page-7

  1. 2,390 Posts.
    lightbulb Created with Sketch. 307
    I'm actually hoping for the opposite.

    I don't want really good news before 12th when the SPP Closes off, otherwise we might get say 800 shareholders taking up the max shares.

    If the SP went to 30c on the back of good grades, this is possible. It would mean $12M was raised from the SPP but would also mean 193M extra shares issued. I don't want the latter.

    Of course they would probably limit the allocation if the take up rate was that high and we may only get say $3000 worth. I don't want that to happen because I want $15k worth in the SPP.
    Last edited by JetBlue: 05/10/18
 
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