Kenmare Resources - Re: KMR Stream Log - Kenmare is hoping to raise...

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Re: KMR Stream Log
09:27 09/12/2015
Phonner
0 replies 0 0

Kenmare is hoping to raise fifty million pounds from shareholders, but with a market cap of fifteen million pounds this morning, it looks like major dilution. I suppose if the share price gets to one and a half pence, they could then announce a share placement or rights issue of two for one and say that it is a fifty percent discount.

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