According to the gumpth, it is the lesser of the two. 1. 31.5 c. or 2. A 5% discount to the VWAP over the 5 day pricing period. So if it reaches 40, the lucky retail investors will still only pay 31.5. That's my take.
LKE Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach
