So, if the transaction gets the SH approval, 85% of initial $53.6M will be paid out to shareholders which is $45.56M. We have 188,954,590 number of shares which means a cash payment of $0.24 per shares. This is my understanding and I think this is not bad given that this is just initial payment and there will options for more payment in near future.
Ann: Update on Offer Received from Trans Metal Fund LP, page-2
Add MTC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $40.62M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.0¢ | $23.72K | 109.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8292 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 32392 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
21.0¢ |
Change
-0.005 ( 2.33 %) |
||||
| Open | High | Low | Volume | ||
| 21.0¢ | 22.5¢ | 21.0¢ | 191533 | ||
| Last updated 14.12pm 06/06/2024 ? | |||||
| MTC (ASX) Chart |