Can you explain how this looks good?
The "Capital Call" is basically a "Put Option"
So BRN just let LDA buy $30 million in puts on their own company?
BRN and LDA both seem to want the same objective - for the BRN price to tank tremendously so these put options print?
Ann: Capital Call Notice under agreement with LDA Capital, page-103
-
- There are more pages in this discussion • 163 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $451.3M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 21.5¢ | $2.863M | 12.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 136498 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 444756 | 13 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |