Guys, it is not based on the VWAP. Take a look at the offer document, it clearly states "The shares under the SPP (“New Shares”) will be issued at a 17.5% discount to the 5 day
average closing market price on the shortfall notification date rounded up to the nearest 0.1 cent
(“Price”)."
That makes it the average of (0.11+0.12+0.13+0.15+0.17)/5 and 17.5% equals $0.024.
Therefore by my calculations, the SPP price works out to be $0.112.
weighted average price, page-22
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$6.11 |
Change
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Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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