Quote
"..has issued... placement to Toyota Tsusho Corp. at an issue price of $7.50 per New Share..... to raise $A 47,378,970...."
Prev ann.
Now issued.
A$47.3 + m
Captital for ORE to expand productions and grab more share in this boom sector.
At a price of $7.50
Current SP $6.54
What is there not to like?
Known news but a nice reminder to holders.
Makes sense for a return back to placement price $7,50 tomorrow I say.
Reality is brokers will stil juice this while they can, well hope so too, got a few buys ready sitting lowball. The more time this stays down here, the greater the tension when the elastic band release to shoot this faster back to $7.50.
IMO only
Add to My Watchlist
What is My Watchlist?
