John, an s708 investor, likes Nugget Gold Pty Ltd, and is keen to invest if they were to raise capital for an upcoming drilling prospect.
He thinks they may need $2m for such a project, and believes there would be investor interest at a 10% discount to VWAP.
To help kickstart the raise, John submits an Investor-led Offer for Nugget at a 10% Discount to VWAP. With this offer, he would be interested in investing $50k.
Once the team has reviewed and published John’s Investor-led Offer, our Corporate team will work to co-ordinate with other Fresh clients to garner expressions of interest.
Once John’s offer has collected enough expressions of interest, we engage directly with the company to arrange a formal offer.
John is then notified when a response is recieved from the company. If the offer is accepted by the company, John will be given the opportunity to convert their interest to a firm bid.
Shortly after, the raise is completed. John and the other bidders have invested their capital and Nugget is able to start the drilling project.
(03) 9028 2888
Level 19, 15 William St
Melbourne VIC 3000