NAD 0.00% 16.5¢ north australian diamonds ltd

placement

  1. 798 Posts.
    lightbulb Created with Sketch. 6
    why would people buy stock above .8c now when the placement will be at .8c? Maybe its to guarantee shares later at .8c?

    so with 2 billion shares on issue at .8c the company will have a market cap of 16 mill. they will probably consolidate the shares to 2-400 mill making share value 4-8c?

    anyway, with Joseph Gutnick on the as exec chair now the company will probably pick up steam.
 
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