The board has shared its intention to pay part of any settlement with shareholders. If you look above GoldenChook has done the maths for you for various scenarios. Essentially POH will retain a portion for working capital and pay the rest (I think as a capital return but could be wrong) to the shareholders. It is the draft decision which is imminent. After that there is still some haggling by the parties (somewhere I read minimum 3 weeks) before the final decision is handed down. So taking GC's numbers if there was a $60M settlement you would get 1.7c per share back when the decision is final (and the payment is made of course).
- Forums
- ASX - By Stock
- AVE
- Ann: Phosphagenics Receives Arbitration Update from SIAC
Ann: Phosphagenics Receives Arbitration Update from SIAC, page-33
-
- There are more pages in this discussion • 284 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVE (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.923M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $50 | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 89457619 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 59980558 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
51 | 89202619 | 0.002 |
23 | 72095508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 59980558 | 19 |
0.004 | 21872582 | 17 |
0.005 | 22833333 | 10 |
0.006 | 19255067 | 9 |
0.007 | 5865221 | 7 |
Last trade - 14.45pm 15/08/2024 (20 minute delay) ? |
Featured News
AVE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online