jzm
In your scenario (12cent market price). Shouldn't their average cost be 10.5 cents.
=83,333,333 @ 18 cents + 83,333,333 @ 3 cents/166,666,666
=$17,500,000/166,666,666
Still a discount but only 12.5%.
release of dfs certain for monday morning imo, page-114
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $343.9K | 3.411M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 82 | 9087780 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3667814 | 22 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |