Thank you bilbar.
So, come Nov 15 next year, TLGO shares become void or are they absorbed into TLG proper?
I can see how they are using TLGO to raise more capital and it is all somewhat more clear to me now.
If I do decide to covert TLGO to TLG am I paying plus 35c per share of what TLGO is trading at at that time, so today I would pay 51c (16+35) or is it 35c plus the issue price, in other words 50c (15 +35)?
Thanks again!
Talga entitlement offer question., page-4
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Last
41.5¢ |
Change
-0.015(3.49%) |
Mkt cap ! $159.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 41.5¢ | $129.3K | 307.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13629 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 31518 | 9 |
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| Last trade - 11.16am 01/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |