RE: Money14 Apr 2025 17:42
ASX listing, I suspect, won’t necessarily be a panacea. Particularly IF Znewmont sell 10% and 5here’s 2.5% new shares - there’s a fair chance both will happen.
So good, not much of a diluting raise, and bad, maybe, for those expecting huge immediate results if 12.5% of the company is on offer to ASX investors.
It’s the way it might go. Liquidity on listing, pleasing AUS investors, and all that hookum.