Past year: ▲ 0%(3.60c – 3.60c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
8 Apr 2011capital raising announcement▲ GoodMajor
Option exercise at 20c raised $7.569m through 37.8m new shares; Noble converted all 25m of its options. Shares on issue rise to 166.4m. Funds are for the Blackall mining licence application, scoping studies and northern exploration. Resolves the March option deadline.
12 May 2009capital raising announcement● NeutralMajor
The rights issue closed having raised $3,813,235 from 38,132,347 new shares at 10c, with 76,264,694 free options at 20c. That is well under the roughly $8.9m possible if fully subscribed. Shares and options were due to be issued 15 May.
What it means for a shareholder
38.1m new shares at A$0.100 to raise about A$3.8m. That's 63% dilution: every existing holder's slice gets 63% smaller. If you held A$1,000 of shares (10,000 at the issue price), your slice goes from 0.0448% to 0.0165% of the company. To keep it you'd need 17,100 more shares - about A$1,710 at the issue price.
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8 Apr 2009capital raising announcement● NeutralMajor
Letter on the rights issue announced 6 April: 1 new share at 10c per share held, with 2 free options at 20c expiring 31 March 2011. Fully subscribed it would raise about $8.9m, not underwritten, to fund Norwich Park and more Blackall drilling.
19 Dec 2007capital raising announcement▲ GoodMajor
The $4.5 million IPO (18 million shares at 25c) closed fully subscribed, with ASX listing tentatively set for 19 December 2007. Funds go to exploration, including 10,000 metres of planned drilling at Norwich Park.
What it means for a shareholder
18.0m new shares at A$0.250 to raise about A$4.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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16 Nov 2007capital raising announcement● NeutralMajor
Prospectus for an IPO of 18,000,000 shares at 25 cents each to raise $4.5 million. The new coal explorer holds two Queensland projects, Norwich Park and Blackall, acquired from its chairman's and managing director's associated vendors.
What it means for a shareholder
18.0m new shares at A$0.250 to raise about A$4.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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