CAPITAL MARKETS

Nice Novo profit on Pilbara shares

LITHIUM junior Novo Litio has made a near 60% headline profit on shares issued to it less than two months ago by developer Pilbara Minerals.

Michael Quinn
Nice Novo profit on Pilbara shares

Novo was issued with 7.57 million shares in Pilbara priced at A39.6c each in mid-August as part proceeds of an $8 million deal – $5 million in cash, $3 million in shares – for Novo’s ground adjoining Pilbara’s...

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