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Ann: Change of Director's Interest Notice, page-13

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Etloser

19 Posts.

13/07/20

19:36

Post #: 45835391
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Originally posted by ASX News: ↑

Release Date: 13/07/20 17:34
Summary: Change of Director's Interest Notice
Price Sensitive: No
View Document

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I’m not very smart guys, what does this announcement mean for the share price exactly? Good or bad?

Originally posted by ASX News: ↑

Release Date: 13/07/20 17:34
Summary: Change of Director's Interest Notice
Price Sensitive: No
View Document

Expand

Originally posted by samfiodiving: ↑

how can you fill out the 2a incorrectly it states as plain as day

4.2
*Are the +securities to be quoted being issued for a cash consideration?

If the securities are being issued for nil cash consideration,
answer this question
250,000 -yes ( yes being yes they are a cash consideration )
9,810,893 - No ( no they are not up for cash consideration )

Looks to me he has converted under the following formula for a cashless consideration
as follows

(a) exercise all or a specified number of Options;
and
(b) either: (i) pay the Exercise Price in full for the exercise of each Option, in which case, the notice must be accompanied by a cheque made payable to the Company for the exercise price for the Options; didnt happen
or
(ii) if the Optionholder elects to use the Cashless Exercise Facility,
the Optionholder acknowledges and agrees that the number of Shares to be acquired by them will be calculated in accordance with the following formula:

S = NO x [(MV-EP) ÷ MV]
where:
S = the number of Shares to be issued on the exercise of the Options;
NO = the number of Options being exercised;
MV = the market value of Shares (calculated using the volume weighted average price at which Shares were traded on the ASX over the 5 trading days immediately prior to the date of exercise);
and EP = the Exercise Price

looks like that is what has taken place

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RXL Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Last 15.0¢		Change 0.000(0.00%)		Mkt cap ! $61.08M

Open	High	Low	Value	Volume
14.5¢	15.0¢	14.5¢	$9.604K	66.06K

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No.	Vol.	Price($)
1	32227	14.5¢

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Price($)	Vol.	No.
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5	228080	0.125
12	1551013	0.120

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0.150	246206	4
0.155	290006	5
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0.165	80305	5
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Ann: Change of Director's Interest Notice, page-13

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

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Is oil undervalued?

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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Ann: Change of Director's Interest Notice, page-13

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

GreenX picks up prospective copper project in Germany

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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Sellers (Offers)

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