I've just looked over the options prospectus.
It appears that the exercise price will only be changed if there is a capital reconstruction, which would be a share consolidation.
The issuing of additional shares in not a restructuring of the share capital.
The letter mentions a formula in the prospectus to tell us how a repricing may be calculated, but I can't find it..
Rod
I've just looked over the options prospectus.It appears that the...
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Last
3.6¢ |
Change
0.001(2.86%) |
Mkt cap ! $116.3M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 4.0¢ | 3.5¢ | $1.022M | 27.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 192386 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 44893 | 2 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
3.6¢ |
Change
0.001 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 4.0¢ | 3.5¢ | 19007758 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| M4M (ASX) Chart |