The latest update is out from Pacific Bauxite Limited ( (AU:WYX) ).
Western Yilgarn NL is offering a pro-rata non-renounceable entitlement issue of New Options to its eligible shareholders and optionholders. The offer aims to raise approximately $34,460 and an additional $44,892, with each New Option exercisable at $0.10 and expiring three years from the initial issue date. This move is part of the company’s strategic financial initiatives, although the options are considered highly speculative, indicating potential risks for investors.
More about Pacific Bauxite Limited
YTD Price Performance: 48.00%
Average Trading Volume: 255,255
Technical Sentiment Signal: Buy
Current Market Cap: A$4.62M
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