I said on another thread that AIM would probably settle around 35 (that was the low) which was around the average price of the issues. Having done some more in-depth calculations I now believe that the average price assuming all the warrants and Eshrow Receipts are converted to shares is around 35.7 cents for a total issue of 278m shares. The dilution effect (once again assuming all issues are exercised now) is 278m @ 35.7 plus 766m on issue already at a close yesterday of 39 cents = diluted price around 38 cents.
Where AIM will settle depends a bit on whether you think yesterday's price which was the result of an extraordinary 8 cent move the day before was the "real" current market price. If you believe it should have been lower then AIM may settle around where it is now at 35-36 cents.
All in all not a bad result and less debt than expected. By the way I have been in and out of AIM more times than I can recall over the last 2 years from 10 cents or so ... and I KNOW I would have done better just holding!!
H
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Last
60.0¢ |
Change
0.035(6.19%) |
Mkt cap ! $125.2M |
Open | High | Low | Value | Volume |
57.5¢ | 60.0¢ | 57.0¢ | $297.4K | 508.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53719 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 247635 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53719 | 0.590 |
1 | 6371 | 0.585 |
1 | 7606 | 0.575 |
1 | 7722 | 0.570 |
1 | 5000 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 240510 | 8 |
0.605 | 105500 | 1 |
0.610 | 10000 | 1 |
0.620 | 16214 | 1 |
0.650 | 19345 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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