A40 0.00% 8.2¢ alita resources limited

@HaploTo elaborate further on your third point, it is a positive...

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    @Haplo

    To elaborate further on your third point, it is a positive that the shares are being placed to two parties who are likely to hold and/or accumulate further.

    This is in contrast to a placement to sophisticated and institutional investors through a broker. You know, the greasy vultures who mining companies normally deal with to raise funds, at the expense of genuine investors.

    I am hopeful that the net benefit goes to A40 in terms of reduced interest payments over time, better balance sheet, funds for growth and the stable shareholders we all enjoy having on the register - notwithstanding the downfall of dilution.
    Last edited by robbo24: 16/05/19
 
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