Here is perhaps a silly question.....maybe someone knows the answer.
If I place shares on the market and they are sold, I receive the funds. Can PRR legally, or through a general meeting of shareholders, place the unsubscribed options on the market to sell. There may be a shortfall from current shareholders to take up the offer, but there may be traders/non shareholders etc willing to purchase. Since PRR would have placed the options on market, they would receive the cash from any sales.
spp complete and capital secured., page-19
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Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $400.0M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.3¢ | 27.0¢ | $1.034M | 3.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 98156 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 85523 | 9 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |