Morgans and Euroz Hartleys were trying to recut listed uranium explorer Vimy Resources’ mooted equity raising on Monday afternoon, after pulling the brakes on Friday as Russian troops shot at a Ukrainian nuclear power plant.
Vimy Resources is repricing its equity raising. Louise Kennerley
Fund managers said talks were around raising at 17¢ a share, down from the original offer’s 19¢ a share.
The terms were yet to be finalised but they said Vimy may have shrink its $20 million raise down to $15 million.
Vimy’s raise was put on ice on Friday afternoon as the Russian attack sent ASX-listed uranium stocks tumbling.
Paladin Energy ended Friday’s trading down 14.5 per cent, Deep Yellow was down 17 per cent, Boss Energy lost 15.9 per cent and 92Energy was down 8.7 per cent.
