No i do understand it completely but it seems we're talking about two different things.
You're referring to the money received by WR1, yes that represents a higher average price per share, around $2.40.
I'm referring to the final price paid per share by all the current holders of the new shares after the FT shares have been sold on to other investors.
That is $2.00 and that's why I'm expecting the SP to drop as all those soph's will dump the shares for an instant 16% pay day, pretty good for a days work.
Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-133
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $103.8M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 50.5¢ | 47.5¢ | $242.5K | 498.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18938 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |